EANS-News: OMV Aktiengesellschaft
Announcement in accordance with section 82
para 9 Austrian Stock Exchange Act
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Capital measures/OMV / Austria / Oil / Gas
Wien (euro adhoc) - Announcement in accordance with section 82 para 9 Austrian
Stock Exchange Act
Transfer of treasury shares under the Long Term Incentive Plan 2009
OMV Aktiengesellschaft ("OMV" or "Company") intends to transfer treasury shares
to employees, senior executives and members of the Executive Board of the
Company as bonus shares under the Long Term Incentive Plan 2009, based on the
resolution of OMV´s Supervisory Board of March 20, 2012 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, 2012.
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: on
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 2, 2012 and on March 31, 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 194,809 no-
par value bearer shares, corresponding to up to approximately 0.06% of OMV´s
registered share capital.
This number reflects the shares allocated under the Long Term Incentive Plan
2009 before deduction of taxes and duties but after deduction of allocations to
senior executives who opted for a cash settlement. OMV executive board members
could not opt for a cash settlement.
6. Minimum and maximum consideration per share: none. The shares will be
transferred as bonus shares under a Long Term Incentive Plan.
7. Manner and purpose of the transfer of treasury shares: over the counter
transfer to members of the Executive Board of the Company and other senior
executives of OMV Group under the Long Term Incentive Plan 2009.
8. Effects on the stock exchange listing of the shares: none.
9. Number and allocation of shares to the individual current and former board
members of the Company and other employees and senior executives of OMV Group
(before deduction of taxes):
Gerhard Roiss: 39,906
David C. Davies: 27,362
Wolfgang Ruttenstorfer: 54,728
Helmut Langanger: 27,362
Werner Auli: 27,362
Other senior executives of OMV Group: 18,089
No shares are transferred to board members of affiliated companies of OMV.
The numbers of shares mentioned above are gross numbers of vested shares. 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:
Lacramioara Diaconu
Tel. +43 1 40 440-21600
e-mail: investor.relations@omv.com
Media Relations:
Johannes Vetter
Tel. +43 1 40 440-21661
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
Original content of: OMV Aktiengesellschaft, transmitted by news aktuell