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EQS-Adhoc: Raiffeisen Bank International AG: Shares of AO Raiffeisenbank (Russia) are subject to a transfer ban imposed by a Russian court decision

EQS-Ad-hoc: Raiffeisen Bank International AG / Key word(s): Miscellaneous/Miscellaneous
Raiffeisen Bank International AG: Shares of AO Raiffeisenbank (Russia) are subject to a transfer ban imposed by a Russian court ruling

September 5th, 2024 / 8:13 p.m. CET/CEST
Publication of inside information according to Article 17 of Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is responsible for the content of this announcement.


Shares of AO Raiffeisenbank (Russia) are subject to a transfer ban imposed by a Russian court decision

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Vienna, September 5, 2024. A Russian court today issued an interim injunction prohibiting the transfer of shares in AO Raiffeisenbank with immediate effect. Raiffeisen Bank International AG (“RBI”) is the 100% owner of AO Raiffeisenbank.

The decision is related to the legal proceedings recently initiated by Rasperia Trading Limited in Russia against STRABAG SE, its core Austrian shareholders and AO Raiffeisenbank. AO Raiffeisenbank is mentioned in the lawsuit as being associated with the other defendants, although it is not accused of any wrongdoing. RBI is not a party to these proceedings.

Due to today's decision, RBI cannot transfer its shares in AO Raiffeisenbank. This complicates the sales process in which RBI wants to sell a majority stake in AO Raiffeisenbank – and will inevitably lead to further delays. RBI will try to reverse today's court decision by all legal means.

For further information please contact:

John P. Carlson, CFA

Head of Group Investor Relations

Raiffeisen Bank International AG

Am Stadtpark 9

1030 Vienna, Austria

[email protected]

Phone +43 1 71 707 2089

www.rbinternational.com

End of insider information


05.09.2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com


Language:

English

Company:

Raiffeisen Bank International AG

Am Stadtpark 9

A-1030 Vienna

Austria

Phone:

+43-1-71707-2089

Fax:

+43-1-71707-2138

E-mail:

[email protected]

Internet:

www.rbinternational.com

ISIN:

AT0000606306

WKN:

A0D9SU

Listed:

Open market in Berlin, Düsseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange, SIX, Vienna Stock Exchange (official trading)

EQS News ID:

1982779

End of announcement

EQS News Service

1982779 05.09.2024 CET/CEST

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