| 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 | ||||||||||
| 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) | ||||||||||||
| 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 | ||
