Schoeller-Bleckmann Oilfield Equipment AG
EANS-News: Schoeller-Bleckmann Oilfield Equipment AG
Publication pursuant to
sec 82 (9) Austrian Stock Exchange Act in conjunction with secs 4 and 5 Austrian
Publication Regulation 2002
RESALE OF OWN SHARES under the SHARE BUYBACK
PROGRAMME 2012
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Buybacks
Ternitz (euro adhoc) - March 31, 2014. Within the framework of the
implementation of the resolution passed by the Annual General Meeting which took
place on April 25, 2012, the Executive Board of SCHOELLER-BLECKMANN OILFIELD
EQUIPMENT Aktiengesellschaft ("SBO") with its registered headquarters in
Ternitz, Lower Austria, has decided to sell own shares in off-exchange
transactions.
With this announcement, the share buyback programme based on the above mentioned
resolution of the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT
Aktiengesellschaft is publicly made known pursuant to sec 82 (9) Austrian Stock
Exchange Act in conjunction with secs 4 and 5 Austrian Publication Regulation
2002.
The publication of all transactions carried out within the framework of the
share buyback programme or the sale of own shares will be made known on the
Internet at the following address: www.sbo.at (Investor Relations - Corporate
Governance - Share buyback/sale).
1.
Day on which the resolution was passed by the Annual General Meeting in regard
to authorizing the buyback authorisation: April 25, 2012
2.
Day and manner in which the resolution of the Annual General Meeting was
announced: April 25, 2012 on the SBO website (www.sbo.at) and pursuant to sec 82
(9) in conjunction with sec 82 (8) Austrian Stock Exchange Act
3.
Planned date of sale/transfer of own shares: April 4, 2014
4.
Class of shares: par-value bearer shares
5.
Intended volume of shares: 63,761 shares
6.
Highest and lowest value per share:
6,000 shares - no equivalent value, as shares will be allocated under the
remuneration system;
57,761 shares - EUR 79.20/share
7.
Manner and purpose of the share buyback and/or sale of own shares:
Sale or allocation will be conducted as off-exchange transaction and for the
purpose of using 6,000 shares to serve a long-term remuneration programme and
57.761 shares as compensation for a 10% minority interest.
8.
Possible effects of the share buyback programme on the admission of the shares
to official trading: None
9.
Number and distribution of the share options to be granted or which have already
been granted to employees, senior managers and individual board members: None
Ternitz, March 31, 2014
The Executive Board
Further inquiry note:
MMag Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail: f.schuetz@sbo.co.at
end of announcement euro adhoc
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company: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English
Original content of: Schoeller-Bleckmann Oilfield Equipment AG, transmitted by news aktuell