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Wacker Neuson SE — Environmental & Social Information 2008
Sep 25, 2008
480_rns_2008-09-25_89ed2f5c-e04b-4b1c-b6fd-ec92386a3026.html
Environmental & Social Information
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Ad-hoc | 25 September 2008 17:35
Wacker Construction Equipment AG:Employee Participation Program
Wacker Construction Equipment AG / Miscellaneous
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Employee Participation Program for employees who were unable to
purchase company shares subsidized by Wacker Construction Equipment AG at
the time of the IPO.
(Munich, September 25, 2008) The Executive and Supervisory Boards of Wacker
Construction Equipment AG have resolved to launch an Employee Participation
Program for employees who did not have the opportunity to purchase
discounted stock at the time of the IPO in May 2007. This applies to all
employees at non-German affiliates and Kramer-Werke GmbH.
All Wacker Neuson Group employees – with the exception of those already
able to purchase discounted shares at the IPO – have the opportunity to
purchase subsidized shares as follows. Employees will receive a subsidy of
15 percent from their respective employer on the purchase of company stock.
If applicable, income tax and social security contributions
payable on that amount will be covered by the employer. The maximum number
of shares subsidized will be the same as the employee would have been able
to purchase at a discount under the specific limits imposed at the IPO.
A maximum of 641,639 shares will be available for purchase within the
framework of this Employee Participation Program. If all eligible employees
avail of this opportunity, the total cost for the Wacker Neuson Group would
amount to approximately EUR 1,250,000.
This offer can be accepted during the period from November 15, 2008 to
December 31, 2008.
Additional information on Wacker Construction Equipment AG shares:
ISIN: DE000WACK012
WKN: WACK01
Admission: Official market / Prime Standard; Frankfurt Stock Exchange
Company headquarters: Germany
Contact partner:
Wacker Construction Equipment AG
Imre Szerdahelyi
Head of Corporate Communication
Preußenstr. 41
80809 Munich, Germany
Tel. + 49 - (0)89 - 354 02 – 251
E-mail: [email protected]
Internet: www.wackerneuson.com
Disclaimer:
This publication constitutes neither an offer to sell nor an invitation to
buy securities.
This document does not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities in the United
States. The shares in Wacker Construction Equipment AG (the 'Shares') may
not be offered or sold in the United States absent registration or an
exemption from registration under the U.S. Securities Act of 1933, as
amended. None of the parties involved intends to register any portion of
the offering in the United States or to conduct a public offering of the
Shares in the United States.
This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2), (a) to (d) of the Order (all
such persons together being referred to as 'relevant persons').
25.09.2008 Financial News transmitted by DGAP
Language: English
Issuer: Wacker Construction Equipment AG
Preußenstr. 41
80809 München
Deutschland
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 - (0)89 - 354 02 - 390
E-mail: [email protected]
Internet: www.wackerneuson.com
ISIN: DE000WACK012
WKN: WACK01
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service