EQS-Adhoc: Complaint for damages resulting from Infinus investor claims filed against UNIQA Österreich Versicherungen / Increase / Update of a disclosure of inside information purs. to Art 17 MAR of 13 Nov 2020
EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Legal Matter
Complaint for damages resulting from Infinus investor claims filed against
UNIQA Österreich Versicherungen / Increase / Update of a disclosure of
inside information purs. to Art 17 MAR of 13 Nov 2020
04-May-2022 / 13:03 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.
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On 13 November 2020 UNIQA Insurance AG published an ad hoc disclosure
pursuant to Art 17 MAR that a German special purpose entity has filed a
complaint for damage claims based on private law against UNIQA Österreich
Versicherungen AG („UNIQA Österreich“) in its capacity as legal successor
of former FINANCE LIFE Lebensversicherung AG in the amount of approx. EUR
3,900,000; the complaint has been filed in connection with bonds issued by
German Infinus group over which insolvency proceedings were instituted in
the year 2014. The announcement of 13 November 2020 also mentions that the
complaint includes a reservation of further claims of additional investors
possibly being lodged and that the plaintiff has alleged claims in an up
to aggregate medium size two digit Euro million amount out of court.
After having increased the amount claimed several times by smaller amounts
the plaintiff has now increased the amount claimed in its complaint to a
total of approx. EUR 99,200,000.
No significant new facts or allegations are presented by the plaintiff in
its filing of the increased claim. UNIQA Österreich sticks to its position
that the arguments presented and allegations raised in the complaint (and
out of court) are unfounded and that the claims alleged do not have a
legal basis, neither the claims as such nor as to the amount claimed.
Therefore, UNIQA Österreich will continue to contest the claims raised and
will resort to the legally available measures to defend itself against the
alleged claims. In the opinion of UNIQA, the increase of the amount
claimed does not lead to a relevant change of UNIQA’s risk assessment.
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04-May-2022 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: 1343449
End of Announcement EQS News Service
1343449 04-May-2022 CET/CEST
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