EANS-News: UNIQA Insurance Group AG Announcement according to § 82 sec 9 BörseG
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Buybacks/Annual General Meeting
Announcement according to § 82 sec 9 BörseG
The 16th ordinary Annual General Meeting from UNIQA Insurance Group AG, 1029
Vienna, Untere Donaustraße 21, has pased the following resolution on item 6 of
the agenda on 26th May 2015:
"The Management Board is authorized, with the consent of the Supervisory Board,
to purchase treasury shares pursuant to Section 65 (1) (8) and (1a) and (1b)
AktG, whereas the Company may purchase treasury shares equal to not more than a
maximum of up to 10% of the share capital (even subject to the repeated use of
the 10% threshold), counted as a total together with other treasury shares
already purchased and held by the Company, both via the stock exchange as well
as over the counter, to the exclusion of the shareholders' proportionate
subscription rights, to grant that authorization from 28 November 2015 inclusive
until 27 May 2018 inclusive, hence for 30 months, and to allow the Company to
purchase treasury shares by virtue of this authorization at an equivalent of at
least EUR 7.00 and not more than EUR 20.00 per share unit. That authorization to
purchase treasury shares includes also the purchase of the Company's shares by
the Company's subsidiaries (Section 66 AktG). The treasury shares purchased
pursuant to Section 65 (1) (8) and (1a) and (1b) can also be sold other than on
the stock exchange or by public offer within a period of five years from the
grant of that authorization and subject to the consent of the Supervisory
Board, namely (i) for the purpose of implementing an employee participation
program, including a plan for members of the Management Board and/or executives
or exclusively for members of the Management Board and/or executives, or a stock
option plan for employees, including members of the Management Board and/or
executives or exclusively for members of the Management Board and/or executives
of the Company and of its affiliated companies, if any, or (ii) as consideration
for the purchase of undertakings, businesses, parts of businesses or shares in
one or several entities in Austria and abroad (iii) or to implement a greenshoe
option or (iv) to offset fractional amounts. The Management Board is authorized,
with the consent of the Supervisory Board, to redeem purchased treasury shares
without referring that matter to the Annual General Meeting, and the Supervisory
Board is authorized to adopt amendments of the articles of association resulting
from that redemption of shares."
Further inquiry note:
UNIQA Insurance Group AG
Norbert Heller
Tel.: +43 (01) 211 75-3414
mailto:norbert.heller@uniqa.at
end of announcement euro adhoc
--------------------------------------------------------------------------------
company: UNIQA Insurance Group AG
Untere Donaustraße 21
A-1029 Wien
phone: 01/211 75-0
mail: investor.relations@uniqa.at
WWW: http://www.uniqagroup.com
sector: Insurance
ISIN: AT0000821103
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English