EANS-DD: OMV Aktiengesellschaft
Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)
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Directors' Dealings-Announcement pursuant to artikle 19 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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personal data:
responsible party:
name: Reinhard Florey (natural person)
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reason:
reason: responsible party is a person with managerial responsibilities
function: board member
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issuer information:
name: OMV Aktiengesellschaft
Legal Entity Identifier (LEI): 549300V62YJ9HTLRI486
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information about deal:
ISIN: AT0000743059
description of the financial instrument: Share OMV Aktiengesellschaft
type: Conditional transaction
date: 31.03.2020; UTC+02:00
market: Outside a trading venue
currency: Euro
price volume
22.60 19,133 units
total volume: 19,133 units
total price: 432,405.80
average price: 22.60
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explanation: The shares to be transferred come from a performance share plan for
Executive Board members and selected senior managers of OMV group companies with
a three years performance period starting with 2017 until 2019 (Long Term
Incentive Plan - "LTIP 2017"). The share grant level is determined on the basis
of the gross base salary 2017 (a certain percentage thereof), OMV's average
share price during the calculation period January 1, 2017 to March 31, 2017, and
the achieved performance criteria as determined by the Supervisory Board of OMV.
The concrete share grant for the Chief Financial Officer under the LTIP 2017, as
authorized by the Supervisory Board, amounts to 20,705 shares. According to the
share plan, vesting date for the shares is March 31, 2020. According to the
share plan, the Chief Financial Officer could opt for a payment in cash instead
of a payment in shares at the latest by the third quarter of 2017. The Chief
Financial Officer did not make use of this option. The payment is therefore
automatically made in cash less of 1,572 units of the share grant that are, in
accordance with the share plan, paid in shares to the Chief Financial Officer in
order to fulfill his shareholding requirement. Calculation basis of the cash
payment is OMV's average share price (= average of closing prices at the Vienna
Stock Exchange) of the time period 14 working days (where the Vienna Stock
Exchange is open) prior to the vesting date until the vesting date, (if this day
is not a business day, then the respective business day before).
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