Schoeller-Bleckmann Oilfield Equipment AG

Transaction in Own Shares • Jun 16, 2020

Publication Date: 16.06.2020 15:00 EANS-Other capital market information: Schoeller-Bleckmann Oilfield Equipment AG / Acquisition and/or sale of treasury shares according to art. 119 para. 9 Stock Exchange Act

Other capital market information transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is 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 23 April 2020, 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 www.sbo.at [http://www.sbo.at]/buyback.

The present announcement represents no offer for the acquisition of SBO shares whatsoever.

1. Date of resolution by the Annual General Meeting: 23 April 2020

2. Date and type of disclosure of the resolution by the Annual General Meeting: On 23 April 2020 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 22 June 2020 to 30 June 2020

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: 6,000 shares representing 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

8. 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 16 June 2020 The Executive Board

Further inquiry note: Andreas Böcskör, Head of Investor Relations Schoeller-Bleckmann Oilfield Equipment AG A-2630 Ternitz, Hauptstraße 2 Phone: +43 2630 315 ext 252, fax ext 101 E-Mail: a.boecskoer@sbo.co.at

end of announcement euro adhoc --------------------------------------------------------------------------------

issuer:	Schoeller-Bleckmann Oilfield Equipment AG
	Hauptstrasse 2
	A-2630 Ternitz
phone:	02630/315110
FAX:	02630/315101
mail:	sboe@sbo.co.at
WWW:	http://www.sbo.at
ISIN:	AT0000946652
indexes:	WBI, ATX
stockmarkets: Wien
language:	English

Aussendung übermittelt durch euro adhoc The European Investor Relations Service