EQS-CMS: AMAG Austria Metall AG: Other admission duties to follow
EQS Post-admission Duties announcement: AMAG Austria Metall AG /
Publication according to § 119 (9) BörseG
AMAG Austria Metall AG: Other admission duties to follow
20.04.2022 / 14:38
Dissemination of a Post-admission Duties announcement transmitted by EQS –
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The issuer is solely responsible for the content of this announcement.
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AMAG Austria Metall AG
Ranshofen, FN 310593f
ISIN AT00000AMAG3
Authorization to buy back and resell own shares
By resolution of the 11^th Annual General Meeting, held on April 20, 2022,
the Management Board was authorized:
1) in accordance with Section 65 para. 1 rec. 8 and para. 1a and 1b AktG –
with the simultaneous revocation of the relevant resolutions adopted by
the Annual General Meeting on July 21, 2020 – with the consent by the
Supervisory Board, to acquire own shares of the Company, whereby the
lowest consideration to be paid at the time of repurchase is 25% below the
weighted average closing price of the last 20 trading days prior to the
start of the respective repurchase program and the highest consideration
to be paid at the time of repurchase is 25% above the weighted average
closing price of the last 20 trading days prior to the start of the
corresponding repurchase program, and to determine the terms and
conditions of the repurchase, whereby the Management Board shall publish
the Management Board’s resolution and the respective repurchase program
based on it, including its duration, in accordance with the statutory
provisions (each). The Management Board may exercise this authorization
once or several times within the limits of the legal requirements
regarding the maximum number of own shares permitted, up to a total limit
of 10% of the nominal capital. The authorization may be exercised in whole
or in part or in several partial amounts and in pursuit of one or more
purposes by the Company, by a subsidiary company (Section 189a rec. 7 of
the Austrian Commercial Code) or by third parties for the account of the
Company. The acquisition can be carried out on or off-exchange in
compliance with the legal requirements. Trading in own shares is excluded
as the purpose of acquisition.
2) with the consent by the Supervisory Board, to redeem or resell the
acquired own shares based on the authorization as per point 1 without a
further resolution of the General Meeting and to determine the terms and
conditions of sale. The authorization may be exercised in whole or in
several partial amounts and in pursuit of one or more purposes by the
Company, by a subsidiary company (Section 189a rec. 7 of the Austrian
Commercial Code) or by third parties for the account of the Company.
3) for a period of five years from the April 20, 2022 – with the
simultaneous revocation of the relevant resolutions adopted by the Annual
General Meeting on July 21, 2020 – with the consent by the Supervisory
Board, to determine, in accordance with Section 65 para 1b AktG for the
sale of own shares a legally permissible method of disposal other than via
the stock exchange or a public offer and to resolve on any exclusion of
the shareholders‘ right to repurchase (subscription right) and to
determine the conditions of sale.
Investor contact
Christoph M. Gabriel
Head of Investor Relations
AMAG Austria Metall AG
Lamprechtshausener Straße 61
5282 Ranshofen, Austria
Tel.: +43 (0) 7722-801-3821
Email: investorrelations@amag.at
Website: www.amag-al4u.com
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20.04.2022
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Language: English
Company: AMAG Austria Metall AG
Lamprechtshausener Straße 61
5282 Ranshofen
Austria
Internet: www.amag-al4u.com
End of News EQS News Service
1330381 20.04.2022
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