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TALANX AG - Talanx sells participation in Swiss Life Holding (2/2014)

TALANX AG - Talanx sells participation in Swiss Life Holding (2/2014)
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POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 2 / 2014
Date of issue: 2014-11-13
Short name of the issuer
TALANX AG
Subject
Talanx sells participation in Swiss Life Holding
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
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 ?214m 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.
Annexes
File Description

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

TALANX AG
(fullname of the issuer)
TALANX AG Ubezpieczenia (ube)
(short name of the issuer) (sector according to clasification of the WSE in Warsow)
30659 Hanover
(post code) (city)
Riethorst 2
(street) (number)
+49 511 3747 0 +49 511 3747 2525
(phone number) (fax)
(e-mail) (web site)
DE 811186319
(NIP) (REGON)
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REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2014-11-13 Herbert K. Haas Chairman of the Board of Management Herbert K. Haas
2014-11-13 Wolfgang Rüdt Authorized Representative Wolfgang Rüdt

REPORT
INFORMATION ABOUT THE ENTITY
SIGNATURE OF PERSONS REPRESENTING THE COMPANY

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