Re-IPO to Increase Uniqa´s Free Float

Businessn.a. ♦ Published: August 29, 2012; 18:56 ♦ (Vindobona)

In 2013 or 2014, the Austrian insurance company plans a Re-IPO. At the moment, the preparations are already under way.

Re-IPO to Increase Uniqa´s Free Float / Picture: © Uniqa

According to CEO Andreas Brandstetter, a Re-IPO is Uniqa´s to priority. Uniqa´s shareholder structure should be amended in October. Minority shareholders should sell their stakes, Brandstetter explained. The free float should increase up to 49%. The joint lead management banks should be selected in the next weeks.

With the Re-IPO, Uniqa intends to strengthen the equity base…