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In accordance with the agreement of December 2017, Liechtensteinische Landesbank AG (LLB), Vaduz, acquired 100% of the shares of Semper Constantia Privatbank Aktiengesellschaft on July 4, 2018. The main previous owners of Semper Constantia, Dr. Ing. Hans Peter Haselsteiner and Dr. med. Erhard F. Grossnigg, in turn, acquires a 6% stake in LLB, making it its largest private shareholder.
The merger of Semper Constantia with LLB Austria into Liechtensteinische Landesbank (Österreich) AG is scheduled for 30 September 2018. Austria will thus become the LLB's third largest market after Liechtenstein and Switzerland.
Dr. Gabriel Brenna became Chairman of the Supervisory Board of Semper Constantia on July 4, 2018. The new Board of Directors will continue to be Dr. Bernhard Ramsauer as Chairman of the Board and Mag Harald Friedrich as Leader. of the market. Dr. Ulrich Kallausch leaves the board with the fence. His COO agendas on the board of directors will be supported by Selim Alantar. As part of the merger scheduled for September 30, 2018, current members of the LLB Austria Management Committee, Dr. Ing. Robert Löw as vice president and Gerd Scheider as chief financial officer, join the board of directors of the new bank. At the annual general meeting in spring 2019, a change of Dr. Ing. Bernhard Ramsauer has been appointed to the Supervisory Board of the Liechtensteinische Landesbank (Österreich) AG.
The economic model of Semper Constantia must remain
According to the company, the merger will create the largest Austrian bank of badet management. The existing business model of Semper Constantia with its three pillars will continue to exist in the future: "LLB will provide a sustainable boost in badet management, and Semper Constantia will give it access to the Austrian market in the depository sector. Semper Constantia will also strengthen the Group in the future, which means that customers of the new LLB Austria will benefit from a considerably wider range of products and services, "says a recent press release future development of an investment fund The value and return on investments in funds may increase or decrease, and investors may receive less than the invested capital. also influence the investment.Respect the advertising rules and offer actions of the InvFG 2011 §128 and following Information on www.e-fundres earch.com do not constitute recommendations for the purchase, sale or holding of securities, funds or other badets. The information on the e-fundresearch.com Data GmbH website has been compiled with care. Nevertheless, there may be unintended incorrect representations. A responsibility or a guarantee as to the punctuality, the exactitude and completeness of the information provided can not therefore be badumed. The same applies to all other websites, which are referenced by hyperlink. E-fundresearch.com Data GmbH declines all responsibility for any direct, specific or other damage arising from the information or other information available.
