voestalpine AG — Share Issue/Capital Change 2015

Mar 9, 2015

EANS-Adhoc: voestalpine AG / voestalpine resolves to increase registered capital by 1.45% in order to further expand employee shareholding scheme

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

Restructuring & Recapitalisations/Company Information

Subject to the approval of the Supervisory Board, voestalpine AG's Management Board resolved on March 9, 2015 to exercise its power to increase the Company's registered capital in accordance with § 4 (2b) of its Articles of Association by issuing 2,500,000 new bearer shares at no par value, thus increasing the registered capital by approximately 1.45%. The issue price was fixed at EUR 34,48 per share. The issue price of the shares corresponds to the closing average market price of the voestalpine share over the 5 trading days prior to the resolution of Management Board adopted on March 9, 2015.

The purpose of issuing the new shares is to further expand and safeguard voestalpine's employee shareholding scheme. The subscription rights of all other shareholders are thus being excluded, and shares may be acquired only by voestalpine Mitarbeiterbeteiligung Privatstiftung, which shall hold the shares in trust for the employees participating in the voestalpine employee shareholding scheme.

Upon completion of the capital increase, the company's capital stock will be EUR 317,851,287.79 and consist of 174,949,163 individual shares. The capital increase is scheduled to take place until the end of April 2015.

As early as 2000, voestalpine has launched an employee shareholding scheme which has subsequently been expanded continually. Currently voestalpine Mitarbeiterbeteiligung Privatstiftung held 12,6% of voestalpine AG's capital. Additionally, voestalpine Mitarbeiterbeteiligung Privatstiftung manages approximately 1.1% of private shares of present and former employees. With the capital increase this share will rise to 13.8% (plus approximately 1.1% of private shares).

This ad-hoc notice constitutes neither an offer for sale nor an invitation to submit an offer to purchase voestalpine AG securities. As the new shares are not being offered for public subscription but rather are being offered for subscription exclusively to the voestalpine Mitarbeiterbeteiligung Privatstiftung holding the shares in trust for the employees participating in the voestalpine shareholding scheme, and as the increase in capital stock amounts to less than 10% of all issued and listed voestalpine shares, no prospectus is required to be issued pursuant to the Austrian Capital Market Act [Kapitalmarktgesetz] or the Austrian Stock Exchange Act [Börsegesetz].

Further details as to the publication, particularly the report of voestalpine AG's Management Board concerning the exclusion of the subscription rights, is available on www.voestalpine.com under Investors or please contact the Investor Relations Team of voestalpine AG under +43/50304/15-9949 for any further details.

Further inquiry note: DI Peter Fleischer

Head of Investor Relations

Tel.: +43/50304/15-9949

Fax: +43/50304/55-5581

mailto:peter.fleischer@voestalpine.com

	http://www.voestalpine.com
issuer:	voestalpine AG
	voestalpine-Straße 1
	A-4020 Linz
phone:	+43 50304/15-9949
FAX:	+43 50304/55-5581
mail:	IR@voestalpine.com
WWW:	www.voestalpine.com
sector:	Metal Goods & Engineering

ISIN: AT0000937503 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English

Aussendung übermittelt durch euro adhoc The European Investor Relations Service