EANS-DD: OMV Aktiengesellschaft
Notification concerning transactions by
persons performing managerial responsibilities pursuant to article 19 Market
Abuse Regulation (MAR)
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Notification concerning transactions by persons performing managerial
responsibilities pursuant to article 19 of the Market Abuse Regulation
(MAR), transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement
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Details of the person subject to the disclosure requirement:
Person, triggering the disclosure:
Name: Wolfgang Baumann
(natural person)
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Reason for the disclosure requirement:
Reason: Person performing managerial responsibilities
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Issuer subject to the publication requirement:
Name: OMV Aktiengesellschaft
LEI: 549300V62YJ9HTLRI486
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Details of the transaction:
Description of financial instrument: Aktie der OMV Aktiengesellschaft
ISIN: AT0000743059
Type of transaction: Conditional transaction
Date: 2017-03-31
Currency: Euro
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| Price | No of items |
_____________________________________________
| 0,- | 626 Stück |
_____________________________________________
Total amount traded: 626 Stück
Total price traded: 0,-
Avg. price traded: 0,-
Place: Outside a trading venue
Explanation: The shares to be transferred come from an performance
share plan for Executive Board members and selected senior
managers of OMV group companies with a three years
performance period starting with 2014 until 2016 (Long Term
Incentive Plan - "LTIP 2014"). The share grant level is
determined on the basis of gross base salary 2014 (a
certain percentage thereof), OMV's average share price
during the calculation period January 1, 2014 to March 31,
2014, and the achieved performance criteria as determined
by the Supervisory Board. The concrete share grant to the
Supervisory Board member (in his function as senior manager
of OMV) under the LTIP 2014, as authorized by the
Supervisory Board, amounts to 626 shares. According to the
share plan, vesting date for the shares is March 31, 2017.
According to the share plan, the Supervisory Board member
could opt for a payment in cash instead of a payment in
shares at the latest by the third quarter of 2014. The
Supervisory Board member did make use of this option on the
May 19, 2014. Yet, as the Supervisory Board member does not
fulfill the shareholding requirement according to the share
plan, the payout automatically will be made entirely in the
form of shares. The transfer of the shares is executed on
the next business day after the vesting date (based on
OMV's closing price at the Vienna Stock Exchange on the
vesting date). The shares to be transferred constitute
treasury shares of OMV Aktiengesellschaft.
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Further inquiry note:
OMV Aktiengesellschaft
Robert Eichler, SVP Internal Audit & Compliance
+43 (0)1 40440 27775
Trabrennstraße 6-8
1020 Wien
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end of announcement euro adhoc
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issuer: 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