EANS-News: Intercell AG
Publication pursuant to
Sections 4 and 5 of the Publication Ordinance 2002
INTERCELL AG, ISIN: AT0000612601
Wien (euro adhoc) -
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
companies
Since 2002, the shareholders meeting of INTERCELL AG has issued stock options on a regular basis to members of the management board, the supervisory board and employees. According to section 98 para 3 and section 159 para 2 lit 3 of the Austrian stock corporation act, the management board has published a report on the option grant. In connection with the exercise of stock options during the last exercise window in June/July 2009 the Company intends to use own shares held as treasury stock, in addition to new shares issued from con-ditional capital.
Therefore, the Management Board of Intercell AG has resolved on 17 July, 2009 in accordance with the resolution of the Supervisory Board, dated 19 June, 2009 to transfer own shares held as treasury stock, which have been acquired according to the resolutions of the Shareholders Meetings held on 24 May, 2002, on 14 July, 2003 and on 1 June 2004, to members of the Supervisory Board of Intercell AG in connection with the exercise of stock options.
Based on the above mentioned resolutions of the Shareholders Meetings, in which the authorizations to repurchase own shares were approved according to Section 65 para 1 lit 4 of the Austrian stock corporations act, Intercell AG herewith informs about the upcoming trans-fer of 12,500 own shares of common stock with no par value, corresponding to 0.03 percent of the share capital of Intercell AG, to members of the Supervisory Board of Intercell AG be-tween 24 July, 2009 and 31 July, 2009. The transfer shall be conducted over-the-counter at a sales price equivalent to the exercise price of the stock options ranging from EUR 2.10 to EUR 16.85 per share. The transfer shall not affect the admission of shares of Intercell AG at the Vienna Stock exchange.
Until now, the following numbers of stock options have been granted to members of the Supervisory Board, members of the Management Board, executive employees and other employees (excluding options that have been cancelled):
Beneficiaries Number of options
Members of the Supervisory Board Michel Gréco 41,250 Ernst Afting 41,250 David Ebsworth 40,000 James R. Sulat 42,500 Hans Wigzell 37,500 Mustapha Leavenworth Bakali 40,000
Members of the Management Board Gerd Zettlmeissl 403,250 Alexander von Gabain 363,500 Werner Lanthaler (until March 6, 2009) 64,125 Thomas Lingelbach 260,000
Executive employees 773,525
Other employees 234,945
Employees of subsidiaries 665,625
Total 3,007,470
According to Section 7 para 2 in connection with Section 5 para 4 of the Publication Ordenance 2002 Intercell AG informs, that the disclosure obligation according to Section 7 of the Publication Ordenance 2002 (completion of the transfer) shall be effected via the internet. The information according to Section 7 of the Publication Ordenance 2002 shall be posted on the webpage of Intercell AG under www.intercell.com.
INTERCELL AG
end of announcement euro adhoc
Further inquiry note:
Intercell AG
Gerald Strohmaier
Head of Corporate Finance & IR
Tel. +43 1 20620-1229
gstrohmaier@intercell.com
Branche: Biotechnology
ISIN: AT0000612601
WKN: A0D8HW
Index: ATX Prime, ATX
Börsen: Wien / official market