Transaction in Own Shares • Mar 22, 2018
Transaction in Own Shares
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Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Buybacks 22.03.2018
Ternitz/Wien - In compliance with the resolution passed by the Annual General Meeting on 27 April 2016, the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft ("SBO") with its seat in Ternitz has decided to sell treasury shares over-the-counter.
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 www.sbo.at [http://www.sbo.at] (Investor Relations - Corporate Governance - Share Buyback/Sale).
The present announcement represents no offer for the acquisition of SBO shares whatsoever.
Date of resolution by the Annual General 1. Meeting: 27 April 2016 Date and type of disclosure of the resolution by the Annual General Meeting: On 27 April 2016 pursuant to Sec 2 and 3 Veröffentlichungsverordnung (Austrian 2. 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 [http:// www.sbo.at]). Begin and expected duration of the sale 3. of treasury shares: From 28 March to 13 April 2018 Share category: Common bearer shares 4. with a par-value of each EUR 1 (ISIN: AT0000946652). Intended volume of treasury shares to be sold, each in proportion to the entire share capital: 6,000 shares representing 5. 0.0375 % of the share capital. Allocation of shares in course of a long-term remuneration program in an
over-the-counter transaction.
| 6. | Highest and lowest value per share to be received: None, because allocation in course of a long-term remuneration program. |
|---|---|
| 7. | Type and purpose of the sale of treasury shares: The treasury shares are allocated in course of a long-term remuneration program. |
| 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 22 March 2018 The Executive Board
Further inquiry note: Andreas Böcskör, Head of Investor Relations Schoeller-Bleckmann Oilfield Equipment AG A-2630 Ternitz, Hauptstraße 2 Tel: +43 2630/315 DW 252, Fax: DW 101 E-Mail: [email protected]
end of announcement euro adhoc --------------------------------------------------------------------------------
| issuer: | Schoeller-Bleckmann Oilfield Equipment AG | ||
|---|---|---|---|
| Hauptstrasse 2 | |||
| A-2630 Ternitz | |||
| phone: | 02630/315110 | ||
| FAX: | 02630/315101 | ||
| mail: | [email protected] | ||
| WWW: | http://www.sbo.at | ||
| ISIN: | AT0000946652 | ||
| indexes: | ATX, WBI | ||
| stockmarkets: Wien | |||
| language: | English |
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