EANS-News: OMV Aktiengesellschaft
Public Announcement of a Transaction with a Related Party pursuant to Sec 95a Para 5 of the Austrian Stock Corporation Act (AktG)
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- OMV acquires from Mubadala an additional 39% share in Borealis No Keyword Vienna - Today, OMV Refining & Marketing GmbH, a 100% subsidiary of publicly listed OMV Aktiengesellschaft, and the related party mentioned below have signed an agreement for the acquisition of an additional 39% share in Borealis AG (Borealis) by OMV Refining & Marketing GmbH. The implementation of the transaction is, in particular, subject to clearances by authorities, in particular merger control clearances. The transaction is anticipated to close until end of 2020. The announcement at hand is made since the value of the transaction exceeds 10% of the sum of the respective assets of the consolidated financial statements of OMV Aktiengesellschaft as of 31 December 2018 (Sec 95a Para 5 in connection with Para 1 and Para 3 AktG). The following information is announced with regard to such transaction: Name of the Related Party: Mubadala Petroleum and Petrochemicals Holding Company L.L.C., part of the Mubadala group, Abu Dhabi, United Arab Emirates. Date of the Transaction: March 12, 2020 Further information as to the aforementioned transaction is available on the internet site of OMV Aktiengesellschaft under www.omv.com [http://www.omv.com/] Further inquiry note: OMV Aktiengesellschaft Andreas Rinofner, Public Relations Tel.: +43 (1) 40 440-21357; e-mail: public.relations@omv.com Florian Greger, Investor Relations Tel.: +43 (1) 40 440-21600; e-mail: investor.relations@omv.com end of announcement euro adhoc --------------------------------------------------------------------------------
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
ISIN: AT0000743059
indexes: ATX
stockmarkets: Wien
language: English
Original-Content von: OMV Aktiengesellschaft, übermittelt durch news aktuell