Transaction in Own Shares • Nov 23, 2023
Transaction in Own Shares
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Other Capital Market Information | 23 November 2023 17:40
Schoeller-Bleckmann Oilfield Equipment AG: sale of treasury shares
Schoeller-Bleckmann Oilfield Equipment AG / Publication according to § 119 (9) BörseG
Schoeller-Bleckmann Oilfield Equipment AG: sale of treasury shares
23.11.2023 / 17:40 CET/CEST
Dissemination of a Post-admission Duties announcement transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
SALE OF TREASURY SHARES
SCHOELLER-BLECKMANN
OILFIELD EQUIPMENT
Aktiengesellschaft
Announcement of a resolution for the sale of treasury shares
In compliance with the resolution passed by the Annual General Meeting on 28 April 2022, the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft (“ SBO “) with its seat in Ternitz has decided, to make use of the authorization to sell treasury shares. Accordingly, treasury shares can be sold in a different way than via the stock exchange or a public offer.
The announcement of the intended sale of treasury shares, based on the above mentioned resolution by the Executive Board of SBO, is made pursuant to Sec 4 and 5 Veröffentlichungsverordnung (Austrian Publication Directive).
All transactions carried out in course of such sale of treasury shares will be published on the website at ( Schoeller-Bleckmann Oilfield Equipment AG (sbo.at) ).
The present announcement represents no offer for the acquisition of SBO shares whatsoever.
| 1. | Date of resolution by the Annual General Meeting: 28 April 2022 |
| 2. | Date and type of disclosure of the resolution by the Annual General Meeting: On 28 April 2022 pursuant to Sec 2 and 3 Veröffentlichungsverordnung (Austrian Publication Directive) in connection with Sec 119 (7) BoerseG (Austrian Stock Exchange Act) via an information system with European-wide dissemination and on the SBO website ( www.sbo.at ). |
| 3. | Begin and expected duration of the sale of treasury shares : From 29 November 2023 to 6 December 2023 |
| 4. | Share category: Common bearer shares with a par-value of each EUR 1,00 (ISIN: AT0000946652). |
| 5. | Intended volume of treasury shares to be sold, each in proportion to the entire share capital: 30,000 shares representing 0.1875 % of the share capital. Allocation of shares in course of a voluntary severance benefit in an over-the-counter transaction. |
| 6. | Highest and lowest value per share to be received: None, because allocation in course of a voluntary severance benefit. |
| 7. | Type and purpose of the sale of treasury shares: The treasury shares are allocated in course of a voluntary severance benefit. |
| 8. | Possible effects of the share reacquisition program on the admission of the Company shares to official trading on the stock exchange: None |
| 9. | Amount and allocation of share options to be granted or which have already been granted to employees, senior managers and individual board members: None. Neither the Company nor its affiliated companies currently have a share option program in place in the sense of Sec 65 (1b) last sentence AktG (Austrian Stock Corporation Act). |
Ternitz, on 23 November 2023 The Executive Board
23.11.2023 CET/CEST
| Language: | English |
| Company: | Schoeller-Bleckmann Oilfield Equipment AG |
| Hauptstrasse 2 | |
| 2630 Ternitz | |
| Austria | |
| Internet: | http://www.sbo.at |
| End of News | EQS News Service |
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