News Article Austria CA Immo coronavirus report
by Property Forum | Career

In view of the COVID-19 pandemic, the Management Board of CA Immo has decided to reschedule the 33rd Annual General Meeting from originally 7 May 2020 to 25 August 2020. As a result, the resolution on the appropriation of net profit for 2019 and a dividend payment will also be postponed.

Due to the currently applicable official measures taken to prevent the spread of COVID-19 and the imposed ban to enter public places as well as a ban of public assemblies, a professional organization and conduct of an Annual General Meeting, which also gives all shareholders the opportunity to attend, is impossible. At present, it cannot be foreseen how long the ban to enter public places and the ban on public assemblies will be in force. Based on media coverage, we expect that by the new meeting date on 25 August 2020 those measures will have been relaxed. However, it cannot be excluded that the Annual General Meeting at this later date has also to be held under changed overall conditions and as the case may be as a virtual meeting.