21.12.2023 12:00:46 - EQS-Adhoc: Complaint for damages resulting from Infinus investor claims against UNIQA Österreich / Term sheet on key elements of out-of-court solution with key investor groups

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EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Legal Matter/Scheme of Arrangement
Complaint for damages resulting from Infinus investor claims against UNIQA Österreich / Term sheet on key elements of
out-of-court solution with key investor groups
21-Dec-2023 / 12:00 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.
Update of the disclosure of inside information pursuant to Art 17 MAR of 13 November 2020, 4 May 2022, 18 August 2022
and 21 February 2023.
On 13 November 2020 UNIQA Insurance Group AG published as ad hoc disclosure pursuant to Art 17 MAR that a complaint for
damage claims based on private law was filed by a German special purpose entity against UNIQA Österreich Versicherungen
AG ("UNIQA Österreich") in its capacity as legal successor of former FINANCE LIFE Lebensversicherung AG and that claims
have also been alleged by other investors out of court. On 18 August 2022 UNIQA Insurance Group AG published as ad hoc
disclosure that a part of these investor claims, which had previously been alleged out of court, have been asserted in
court in Germany. These plaintiffs belonging to investor groups coordinated among themselves are different from those
whose claims are asserted by the German special purpose entity in Vienna.
A term sheet will be signed today with the representatives of those investor groups coordinated among themselves (only
not with the German special purpose entity) which reflects the agreement on the key elements of a possible out-of-court
solution. For reasons of procedural economy, but without acknowledging the alleged claims and without acknowledging any
legal obligation, UNIQA Österreich would undertake to pay to the investors belonging to these groups an amount of up to
EUR 59,320,000.00, the exact determination and due date of which still depend on certain perimeter. In addition to the
preparation and signing of the formal and binding agreement, the agreement requires the approval by the relevant
claimants with a quota of 90 % in order to become effective.
Based on current estimates of UNIQA, this is not expected to have a material adverse effect on the overall result for
the 2023 financial year.
End of Inside Information  
21-Dec-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com  
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:  1802311 


End of Announcement EQS News Service
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1802311 21-Dec-2023 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1802311&application_name=news

END) Dow Jones Newswires

December 21, 2023 06:00 ET (11:00 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
UNIQA INSURANCE GROUP AG 928900 Xetra 8,260 24.05.24 17:35:44 +0,020 +0,24% 0,000 0,000 8,260 8,260

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