Schoeller-Bleckmann Oilfield Equipment AG
EANS-News: Schoeller-Bleckmann Oilfield Equipment AG
RESALE OF OWN SHARES
under the SHARE BUYBACK PROGRAMME 2014
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Buybacks
RESALE OF OWN SHARES under the SHARE BUYBACK PROGRAMME 2014
SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft
Publication pursuant to sec 82 (9) Austrian Stock Exchange Act in conjunction
with secs 4 and 5 Austrian Publication Regulation 2002
Within the framework of the implementation of the resolution passed by the
Annual General Meeting which took place on April 23, 2014, the Executive Board
of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft ("SBO") with its
registered headquarters in Ternitz, Lower Austria, has decided to sell own
shares in off-exchange transactions.
With this announcement, the share buyback programme based on the above
mentioned resolution of the Executive Board of SCHOELLER-BLECKMANN OILFIELD
EQUIPMENT Aktiengesellschaft is publicly made known pursuant to sec 82(9)
Austrian Stock Exchange Act in conjunction with secs 4 and 5 Austrian
Publication Regulation 2002.
The publication of all transactions carried out within the framework of the
share buyback programme or the sale of own shares will be published on the
Internet at the following address: www.sbo.at (Investor Relations - Corporate
Governance - Share buyback/sale).
1. Day on which the resolution was passed by the Annual General Meeting in
regard to authorizing the buyback authorisation: April 23, 2014
2. Day and manner in which the resolution of the Annual General Meeting was
announced: April 23, 2014 on the SBO website (www.sbo.at) and pursuant to
sec 82 (9) in conjunction with sec 82 (8) Austrian Stock Exchange Act
3. Planned date of sale/transfer of own shares: March 31, 2016
4. Class of shares: par-value bearer shares
5. Intended volume of shares: 6,000 shares
6. Highest and lowest value per share: 6,000 shares - no equivalent value, as
shares will be allocated under the remuneration system;
7. Manner and purpose of the share buyback and/or sale of own shares:
Sale or allocation will be conducted as off-exchange transaction and for the
purpose of using 6,000 shares to serve a long-term remuneration programme.
8. Possible effects of the share buyback programme on the admission of the
Shares to official trading: None
9. Number and distribution of the share options to be granted or which have
already been granted to employees, senior managers and individual board
members: None
Ternitz, March 23, 2016
The Executive Board
Further inquiry note:
Mag. Andreas Böcskör BSc MSc
Head of Investor Relations SBO
Tel.: +43 2630 315-252
a.boecskoer@sbo.co.at
end of announcement euro adhoc
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company: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English