DGAP-Adhoc: Talanx sells participation in Swiss Life Holding

| Source: EQS Group AG EQS Group AG 

Talanx Aktiengesellschaft  / Key word(s): Disposal

13.11.2014 20:05

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Talanx AG has sold its shareholding of 5.03 % in Swiss Life Holding held
through Talanx Finanz (Luxemburg) S.A. by way of a block trade for a price
of CHF 217 per share. An extraordinary balance-sheet gain was generated
through this disposal amounting to EUR214m in accordance with IFRS.

 

This extraordinary gain will not exert any material effects on the Group
net income for 2014. Rather, the Board of Management intends to take a
series of measures for recognising risk provision in the balance sheet
specifically in relation to the companies of the Retail Germany Division in
the annual financial statements for 2014.


13.11.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Talanx Aktiengesellschaft
              Riethorst 2
              30659 Hannover
              Germany
Phone:        +49 511 3747 2227
Fax:          +49 511 3747 2286
E-mail:       ir@talanx.com
Internet:     www.talanx.com
ISIN:         DE000TLX1005
WKN:          TLX100
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hannover;
              Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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