Vienna Stock Exchange - Results 2012 and Changes to Supervisory Board

UniCredit Bank Austria AG
Summary: 
VSE results 2012 are now available; changes on the supervisory board of VSE announced.
Thu, 13/06/2013

Wiener Börse AG, a 100% subsidiary of CEESEG Aktiengesellschaft, the holding company of the CEE Stock Exchange Group, announced EBT for financial year 2012 of EUR 16.39 million (2011: EUR 24.35 million). The decline is due largely to sinking trading volumes; in 2012, domestic equity turnover dropped 40% year-on-year.

Since July 2012, equity turnover has been on the rise again and in May monthly turnover in domestic equities was EUR 3.19 billion. The sustained interest of foreign market participants in the Vienna Stock Exchange is also positive: In 2013, three new trading members from Germany, France and Poland joined the exchange. Furthermore, a growing number of foreign banks are assuming the function of market maker for Austrian stocks and commit themselves to ensure liquidity.

As of today, the following changes on the supervisory boards of Wiener Börse AG and CEESEG AG (CEE Stock Exchange Group) take effect: Willibald Cernko (UniCredit Bank Austria AG), Martin Simhandl (VIENNA INSURANCE GROUP AG), Hannes Bogner (UNIQA Versicherungen AG), Byron Haynes (BAWAG P. S. K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG) and Josef Weißl (Oberbank AG) are new members of the supervisory board of Wiener Börse AG. The chairperson of the supervisory board is Willibald Cernko. This was decided at today’s general shareholders’ meetings of Wiener Börse AG and CEESEG AG.

The new members replace Friedrich Kadrnoska, Hans-Peter Hagen (VIENNA INSURANCE GROUP AG), Andreas Brandstetter (UNIQA Versicherungen AG), Christoph Raninger (BAWAG P. S. K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG) and Franz Gasselsberger (Oberbank AG) who as of today are no longer members of the supervisory board.

Source: Vienna Stock Exchange

Impact on investors: The 2012 results of the Vienna Stock Exchange have been published now. In addition, changes on the Supervisory Board have been announced that will be effective as of July 2013.