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Decision on the sale of UNIQA’s shareholdings in Albania, Kosovo and North Macedonia to co shareholder Avni Ponari

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

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