euro adhoc: Austrian Airlines AG
other
Implementation of Stock Option Plan
of Austrian Airlines Österreichische Luftverkehrs AG for Board of Management,
Managing Directors and Executive Employees of the Austrian Airlines Group
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.03.2007
In the Supervisory Board meeting to take place on 25 April 2007 a
decision for a new stock option plan ("SOP 2007") applicable
for Board of Management members, managing directors and executive
employees of Austrian Airlines and its most important
subsidiaries should be taken. The stock options to be granted
on the basis of SOP 2007 are to be directly linked to the net profit
of Austrian Airlines Group (EPS or Earnings per share) and to the
success of the Austrian Airlines stock price on the stock exchange.
A report of the Board of Management and Supervisory Board, meeting
the requirements of section 95, para. 6 in connection with section
159, para. 2, line 3 of the Stock Corporation Act, will be published
in the "Amtsblatt zur Wiener Zeitung" on March 28th 2007. It is
planned to address this issue at the General Meeting of Shareholders.end of announcement euro adhoc 28.03.2007 07:29:52
Further inquiry note:
Konzernkommunikation:
Livia Dandrea-Böhm
Johann Jurceka
Tel.: 051766-1231
Investor Relations
Dr. Prisca Havranek-Kosicek
Tel.: 051766 - 3700
Branche: Air Transport
ISIN: AT0000620158
WKN: 875224
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing