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: Rainer Seele (natural person)
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reason:
reason: responsible party is a person with managerial responsibilities
function: Chief executive officer
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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: 15.04.2021; UTC+02:00
market: Outside a trading venue
currency: Euro
price volume
39.18 40,453
total volume: 40,453
total price: 1,584,948.54
average price: 39.18
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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 2018 until 2020 (Long Term
Incentive Plan - "LTIP 2018"). The share grant level is determined on the basis
of a value defined in the service agreement of the executive board member
(Target Long Term Incentive), OMV's average share price during the calculation
period January 1, 2018 to March 31, 2018, and the achieved performance criteria
as determined by the Supervisory Board of OMV. The concrete share grant for the
Chief Executive Officer under the LTIP 2018, as authorized by the Supervisory
Board, amounts to 40,453 shares. According to the share plan, the vesting date
is subject to the approval of the achieved performance criteria and the share
transfer by the Supervisory Board. The Supervisory Board has provided its
approval on April 15, 2021. According to the share plan, the Chief Executive
Officer could opt for a payment in cash instead of a payment in shares at the
latest by the third quarter of 2018. The Chief Executive Officer did not make
use of this option. Therefore, the payment is, in line with the share plan,
automatically made in cash. Calculation basis of the cash payment is OMV’s
average share price (= average of closing prices at the Vienna Stock Exchange)
over the three-month period January 1, 2021 – March 31, 2021.
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