IR - Press releases
The 28th Annual General Meeting of Flughafen Wien AG held on May 31, 2016 approved the resolution to carry out a one-for-four stock split. As a result, shareholders receive three additional no-par value shares for each no-par value share that they possess. As a result, the total number of shares in Flughafen Wien AG increases to 84,000,000 from the previous level of 21,000,000 shares. The share capital remains unchanged, and continues to amount to EUR 152,670,000.00, and is now divided into 84,000,000 no-par value bearer shares, each with a proportionate amount of the share capital equivalent to EUR 1.8175.
The entry of the amendment to the Articles of Association in the Commercial Register took place on June 17, 2016. The corresponding change in the stock exchange listing and the related adjustment of the share price on the Vienna Stock Exchange will take effect on June 27, 2016.
A new ISIN must be assigned to the Flughafen Wien AG shares within the context of the stock split in accordance with new international stock market standards. Starting on June 27, 2016, the Flughafen Wien AG share will be exclusively listed using the new ISIN AT00000VIE62. The previous ISIN AT0000911805 will be replaced by the newly designated ISIN.
The securities custody account credit takes place automatically and free of charge. The shareholders are not required to take action in this regard. The shares will be booked in the respective securities custody account at a ratio of 1 to 4 under the new ISIN AT00000VIE62.
“The stock split is designed to facilitate trading in the future and support liquidity“, explains Günther Ofner, Member of the Management Board of Flughafen Wien AG. “As a result, the FWAG share will become more attractive, especially for private investors.” The Flughafen Wien share has quadrupled in value since the beginning of 2012, from approximately EUR 26 to the present level of EUR 100 per share. Accordingly, with the exception of Mayr-Melnhof, it is the only share with a three-digit euro value in the ATX Prime Index, which encompasses 40 shares on the Vienna Stock Exchange. Following the split, the value of stock in Flughafen Wien AG at about EUR 25 per share will be in the midfield of Austrian securities, which are traded for the most part at a value ranging between EUR 10 and EUR 30 per share.
Please address inquiries to Investor Relations Flughafen Wien AG