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OMV Aktiengesellschaft

EANS-News: OMV Aktiengesellschaft
Publication of a resolution of the Annual General Meeting

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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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Subtitle: Publication of the resolution of the Annual General Meeting on the
authorization to utilize the Company’s treasury stock for the purpose of share
transfer programs

Annual & Special Corporate Meetings/OMV / Oil / Gas / Austria

OMV Aktiengesellschaft, Vienna
ISIN-Code AT0000743059
 
Publication of a resolution of the Annual General Meeting pursuant to Section 82
Para 9 Stock Exchange Act in connection with Section 2 Para 1 and Section 3 Para
1 Austrian Disclosure Regulation
 
 
The ordinary Annual General Meeting of OMV Aktiengesellschaft (hereinafter
referred to as "the Company") held on May 18, 2016 adopted the following
resolution in relation to item 9 (Authorization to utilize the Company's
treasury stock or dispose of it for the purpose of share transfer programs) of
the agenda:
 
"The Executive Board of OMV Aktiengesellschaft is given authorization for a
period of five years from the adoption of the resolution, therefore, until
(including) May 17, 2021, upon approval of the Supervisory Board, to dispose of
or utilize stock repurchased or already held by the Company to grant treasury
shares to employees, senior employees and/or members of the Executive Board/
management boards of the Company or one of its affiliates including for purposes
of share transfer programs, in particular long term incentive plans including
matching share plans or other stock ownership plans, under exclusion of the
general purchasing possibility of shareholders (exclusion of subscription
rights).
 
The authorization can be exercised as a whole or in parts or even in several
tranches by the Company, by a subsidiary (Section 189a Number 7 Commercial Code)
or by third parties for the account of the Company."
 
Vienna, May 2016
 
The Executive Board

Further inquiry note:
OMV
Investor Relations:
Felix Rüsch
Tel. +43 1 40 440-21600
e-mail:  investor.relations@omv.com

Media Relations:
Robert Lechner 
Tel. +43 1 40 440-21472
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 von: OMV Aktiengesellschaft, übermittelt durch news aktuell

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