EVN AG — Share Issue/Capital Change 2015

Jun 19, 2015

News Details

Corporate | 19 June 2015 11:00

EVN AG: EVN plans to release own shares to employees

DGAP-News: EVN AG / Key word(s): Corporate Action

2015-06-19 / 11:00

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At the Annual General Meetings held on 17 January 2008, 19 January 2012 and
16 January 2014 it was resolved to authorize the Executive Board of EVN AG
to acquire own shares (treasury stock) amounting to a maximum of 10% of the
share capital of EVN AG commencing on the day on which the resolution was
adopted. On the basis of these authorizations, the Executive Board acquired
2,010,992 own shares until 18 June 2015, which corresponds to 1.12 % of the
share capital of the company.

The Executive Board of EVN AG resolved on 19 June 2015, to release a
maximum of 153,000 of its own shares to employees of the company as well as
employees of specified subsidiaries (Netz Niederösterreich GmbH and evn
wasser GmbH) instead of the planned special payment stipulated in an
agreement concluded with employee representatives. No share option
programme currently exists at EVN AG.

Therefore it is intended to transfer a maximum of 153,000 non-par value
shares (corresponding to a maximum of 0.085% of the share capital of EVN
AG) currently owned by the company to employees, provided that the
employees agree to exercise this option. The treasury stock to be
transferred into the possession of employees is comprised of ordinary
non-par value bearer shares of EVN AG. The transfer of these own shares to
employees will take place and end on 4 August 2015. The equivalent value
for each of the shares transferred into the possession of employees
corresponds to 90% of the average of the share price at the end of daily
trading in the 28th to 31st calendar weeks in the year 2015. The treasury
stock given to employees will have no effect on the admission to trading of
the shares of the issuer.

EVN AG intends to fulfil the disclosure requirements laid out in §§ 6 and 7
of the Austrian Disclosure Regulation 2002 by publishing the information on
its website at www.investor.evn.at.

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2015-06-19 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: EVN AG
EVN Platz
2344 Maria Enzersdorf
Austria
Phone: +43-2236-200-12294
Fax: +43-2236-200-82294
E-mail: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX
Listed: Foreign Exchange(s) Wien (Amtlicher Handel / Official
Market)

End of News DGAP News-Service

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