EQS-Adhoc: UNIQA Insurance Group AG: Decision on the sale of UNIQA’s shareholdings in Albania, Kosovo and North Macedonia to co shareholder Avni Ponari

EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Disposal/Investment
UNIQA Insurance Group AG: Decision on the sale of UNIQA’s shareholdings in
Albania, Kosovo and North Macedonia to co shareholder Avni Ponari

20-Nov-2024 / 17:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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As part of its strategic country portfolio management, UNIQA Insurance
Group AG evaluates continuously all markets in which UNIQA is active with
regard to their prospects. SIGAL UNIQA Group Austria is active in Albania,
Kosovo and North Macedonia, which are among the small markets in the
Western Balkans. In the past months UNIQA has evaluated the possibilities
of maybe selling UNIQA’s shareholdings in Albania, Kosovo and North
Macedonia (Albania, Kosovo and North Macedonia together referred to as
„ALMAKOS“) and held informal discussions with various interested parties
on their interest in purchasing the ALMAKOS shareholdings.

Today, the managing board and the supervisory board of UNIQA Insurance
Group AG have decided to sell all of UNIQA’s shareholding in SIGAL UNIQA
Group Austria (90 per cent. shareholding) to Mr. Avni Ponari, the founder
and minority shareholder of SIGAL Group Austria. The share purchase
agreement is expected to be signed in the coming days. The purchase price
is subject to confidentiality. The sale to the founder and long time co
shareholder of SIGAL UNIQA Group Austria ensures a swift transfer and a
maximum of continuity for customers, employees and partners.

The sale will be subject to obtaining the necessary regulatory approvals.

End of Inside Information

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20-Nov-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: UNIQA Insurance Group AG
Untere Donaustraße 21
1029 Vienna
Austria
Phone: +43 1 211 75-0
E-mail: investor.relations@uniqa.at
Internet: www.uniqagroup.com
ISIN: AT0000821103
WKN: 928900
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2035009

 
End of Announcement EQS News Service

2035009  20-Nov-2024 CET/CEST