EANS-News: OMV Aktiengesellschaft Announcement pursuant to section 82 para 9
Austrian Stock Exchange Act
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Capital measures/OMV / Austria / Oil / Gas
Announcement pursuant to section 82 para 9 Austrian Stock Exchange Act
Transfer of treasury shares under the Long Term Incentive Plan 2012 and the
Matching Share Plan 2014
OMV Aktiengesellschaft ("OMV" or "Company") intends to transfer treasury shares
to members of the Executive Board and senior executives as well as potentials of
OMV under the (i) Long Term Incentive Plan (LTIP) 2012 and the (ii) Matching
Share Plan (MSP) 2014, based on the resolution of OMV's Supervisory Board of
March 18, 2015 and the report pursuant to section 65 para 1b in conjunction with
sections 171 para 1 and 153 para 4 Stock Corporation Act which was published on
February 26, 2015.
Therefore, the Company announces in accordance with section 82 para 9 Austrian
Stock Exchange Act ("BörseG") in conjunction with the Austrian Disclosure
Regulation 2002 (BGBl II 2002/112, "VeröffentlichungsV") the following:
1. Date of the resolution of the General Meeting pursuant to section 65 para 1b
Austrian Stock Corporation Act: May 17, 2011.
2. Date and form of publication of the resolution of the General Meeting: May
17, 2011 electronically pursuant to section 82 para 9 in conjunction with para 8
BörseG and on the Company's website http://www.omv.com.
3. Commencement and envisaged duration of the transfer: The transfer is expected
to take place on April 1, 2015.
4. Class of shares concerned by the transfer: No-par value bearer shares of OMV.
5. Envisaged volume (number of shares) and percentage of the treasury shares to
be transferred in relation to the registered share capital: up to 189,900 no-par
value bearer shares, corresponding to up to approximately 0.0580% of OMV's
registered share capital.
This number reflects the shares granted under the Long Term Incentive Plan 2012
and the Matching Share Plan 2014 before deduction of taxes and duties but after
deduction of grants where the plan participants opted, to the extent permissible
under the respective plan, for a cash settlement.
6. Minimum and maximum consideration per share: None. The shares will be
transferred as bonus shares under long term incentive and compensation plans.
7. Manner and purpose of the transfer of treasury shares: over the counter
transfer to members of the Executive Board and senior executives as well as
potentials of the Company under the Long Term Incentive Plan 2012 and the
Matching Share Plan 2014.
8. Effects on the stock exchange listing of the shares: None.
9. Number and allocation of shares to the individual board members of the
Company and other employees and senior executives and potentials of OMV Group
(before deduction of taxes):
Deputy CEO: 17,112 MSP 2014 + LTIP 2012
EB member, responsible for Upstream: 20,650 MSP 2014 + LTIP 2012
EB member, responsible for Downstream: 17,913 MSP 2014 + LTIP 2012
Former EB member Hans-Peter Floren: 18,410 MSP 2014 + LTIP 2012
Other senior executives: 108,555 LTIP 2012
(27,799 shares thereof are attributable to board members / general managers of
affiliated companies)
Potentials: 7,260 LTIP 2012
The numbers of shares mentioned above are gross numbers of vested shares before
deduction of taxes and other contributions. but after deduction of grants where
the plan participants opted, to the extent permissible under the respective
plan, for a cash settlement.
The actual number of transferred shares will be a net amount after deduction of
taxes and duties and will be published after the transfer online on the website
of OMV under http://www.omv.compursuant to section 7 VeröffentlichungsV.
Announcements of modifications to the intended transfer of treasury shares
(section 6 VeröffentlichungsV) and the publication of actual transactions with
treasury shares (section 7 VeröffentlichungsV) will only be made online on the
website of OMV under http://www.omv.com.
Further inquiry note:
OMV
Investor Relations:
Felix Rüsch
Tel. +43 1 40 440-21600
e-mail: investor.relations@omv.com
Media Relations:
Johannes Vetter
Tel. +43 1 40 440-22729
e-mail: media.relations@omv.com
Internet Homepage: http://www.omv.com
end of announcement euro adhoc
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company: OMV Aktiengesellschaft
Trabrennstraße 6-8
A-1020 Wien
phone: +43 1 40440/21600
FAX: +43 1 40440/621600
mail: investor.relations@omv.com
WWW: http://www.omv.com
sector: Oil & Gas - Downstream activities
ISIN: AT0000743059
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English