STRABAG SE: Capital measures to reduce stake held by Rasperia now legally effective and binding
17 September 2024
- Reduction of Rasperia’s shareholding to 24.1% final
- Detailed information on further steps in connection with capital measures to follow
The capital measures adopted by the 19th Annual General Meeting to reduce the stake held by MKAO “Rasperia Trading Limited” (“Rasperia”) from around 27.8% to around 24.1% are now legally effective and binding.
Following the dismissal of the appeal by the Higher Regional Court of Graz, Rasperia has ultimately decided not to file a challenge with the Supreme Court of Justice. The action for annulment in connection with the capital measures adopted by the 19th Annual General Meeting has thus been conclusively brought to an end.
Further details, in particular regarding the redemption of the value rights from the cash distribution that have not yet been submitted and the consolidation of the new shares listed under the temporary ISIN AT0000A36HJ5 “STRABAG SE – Capital Increase 2024” into the regular ISIN AT0000STR1 will be announced separately.
A court ruling with regard to Rasperia’s legal challenges against the resolutions adopted at the two General Meetings in 2022 is still pending.