EQS-Adhoc: New complaint from Infinus investor claims against UNIQA Österreich / Update of disclosure of inside information of 13 November 2020 and 4 May 2022

EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Legal Matter
New complaint from Infinus investor claims against UNIQA Österreich /
Update of disclosure of inside information of 13 November 2020 and 4 May
2022

18-Aug-2022 / 18:06 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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New complaint from Infinus investor claims against UNIQA Österreich /
Update of disclosure of inside information of 13 November 2020 and 4 May
2022

On 13 November 2020 UNIQA Insurance AG published an 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 (“FinanceLife”) and that
claims have also been alleged by other investors out of court. On 4 May
2022 UNIQA published an updated ad hoc disclosure pursuant to Art 17 MAR
on the increase of the amount claimed by the German special purpose
entity.

One of these investor claims, which had previously been alleged out of
court, has now been asserted in court. UNIQA Österreich has been served a
complaint for damage claims with an amount in controversy of EUR 40,000
based on private law filed by a plaintiff belonging to these investor
groups. The complaint was filed with the Regional Court (Landgericht) of
Traunstein in Germany. These investor groups are different from those
whose claims are asserted by the German special purpose entity. It cannot
be ruled out that further complaints for damage claims will be filed with
German courts by those investor groups. The plaintiff belongs to investor
groups coordinated among themselves that alleged claims out of court
against UNIQA Österreich in an aggregate low three digit Euro million
amount.

These purported claims result from the German business of FinanceLife
which was terminated already in the year 2011 and are asserted by
investors who invested into Infinus group and suffered losses in respect
of their investments in the course of the insolvency proceedings
instituted over the companies belonging to Infinus group.

In this new complaint, no significant new facts or allegations are
presented as compared to the pending civil proceedings. In the opinion of
UNIQA Österreich, the allegations raised in the complaint and out of court
are unfounded, and the claims alleged do not have a legal basis, neither
the claims as such nor as to the amounts claimed. UNIQA Österreich
contests also those purported claims and will resort to the legally
available measures to defend itself against the alleged claims.

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18-Aug-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: 1423595

 
End of Announcement EQS News Service

1423595  18-Aug-2022 CET/CEST

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