EANS-News: OMV Aktiengesellschaft Announcement pursuant to section 82 para 9
Austrian Stock Exchange Act
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Capital measures/ OMV/ Austria / Oil / Gas
Wien (euro adhoc) - Announcement pursuant to section 82 para 9 Austrian Stock
Exchange Act
Transfer of treasury shares under the Long Term Incentive Plan 2011 and the
Matching Share Plan 2013
OMV Aktiengesellschaft ("OMV" or "Company") intends to transfer treasury shares
to members of the Executive Board and senior executives of OMV under the (i)
Long Term Incentive Plan (LTIP) 2011 and the (ii) Matching Share Plan (MSP)
2013, based on the resolution of OMV's Supervisory Board of March 19, 2014 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 March 5, 2014.
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, 2014.
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 42,742 no-par
value bearer shares, corresponding to up to approximately 0.0131% of OMV's
registered share capital.
This number reflects the shares granted under the Long Term Incentive Plan 2011
and the Matching Share Plan 2013 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 of the Company
under the Long Term Incentive Plan 2011 and the Matching Share Plan 2013.
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 of OMV Group (before
deduction of taxes):
Number of Program
shares
Jaap Huijskes: 13,595 MSP 2013
Manfred Leitner: 1,602 MSP 2013
Hans-Peter Floren: 12,999 MSP 2013
Other senior executives: 14,546 LTIP 2011
(7,273 shares thereof are attributable
to board members of affiliated
companies):
The numbers of shares mentioned above are gross numbers of vested shares before
deduction of taxes. 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.com pursuant 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