EQS-News: STRABAG SE / Announcement of the Results of the General Meeting
STRABAG SE: Dividend Announcement
14.06.2024 / 16:50 CET/CEST
Announcement of the Results of the General Meeting, transmitted by EQS
News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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STRABAG SE
Villach
Dividend Announcement
ISIN: AT000000STR1
ISIN: AT0000A36HJ5
The 20th Annual General Meeting of STRABAG SE held on 14 June 2024 voted
to pay out a dividend of € 2.20 per dividend-bearing share for the 2023
financial year.
The shares of STRABAG SE will be traded ex dividend 2023 as of Wednesday,
19 June 2024. The record date for the dividend is Thursday, 20 June 2024.
On the payment date, i.e. on 25 June 2024, a value right (Wertrecht) with
ISIN AT0000A3DG92 will be registered for each dividend-bearing bearer
share at the custodian bank of the respective shareholder certifying
entitlement to receive the dividend for the 2023 financial year. The value
rights entitle the holder to receive the dividend as of 25 June 2024
against reciprocal and simultaneous transfer of the value rights to
Raiffeisen Bank International AG, FN 122119m, Am Stadtpark 9, 1030 Vienna
as the appointed paying agent in accordance with the following provisions:
1. Dividend payment
Each value right entitles the holder to the dividend of € 2.20 per
dividend-bearing share as determined on 14 June 2024 by the 20th Annual
General Meeting of STRABAG SE, FN 88983 h, Triglavstraße 9, 9500 Villach
(“STRABAG”) for the 2023 financial year. Dividends are paid out without
interest.
The designated paying agent is Raiffeisen Bank International AG, FN
122119m, Am Stadtpark 9, 1030 Vienna (“Paying Agent”). The Paying Agent
acts exclusively as an agent of STRABAG and accepts no obligations
whatsoever towards the holders of the value rights. No contractual or
fiduciary relationship is established between the Paying Agent and the
holders of these value rights.
The Paying Agent will pay the dividend against reciprocal and simultaneous
transfer of the value rights to the custodian bank of the holder of the
value rights. The payment is also conditional upon the decision of the
Management Board of STRABAG pursuant to item 2 (for MKAO Rasperia Trading
Limited) to pay a dividend or the confirmation pursuant to item 3 (for all
other shareholders).
Payment of the dividend will be made exclusively less 27.5 % capital gains
tax by means of a credit entry at the custodian bank.
The dividend will be paid out by the Paying Agent on the condition that
STRABAG has approved the confirmations issued by the custodian banks of
the value rights holders and has provided the Paying Agent with the
necessary amounts for the payment of the dividend in good time and in
full, including reimbursement of expenses in accordance with item 5.
The company expressly reserves the right to change the modalities of the
dividend payment.
2. Decision of the Management Board of STRABAG SE on the payment to
MKAO Rasperia Trading Limited
A payment of the dividend to MESCHDUNARODNAJA KOMPANIJA AKZIONERNOE
OBSCHTSCHESTWO „RASPERIA TRADING LIMITED“, (MKAO „Rasperia Trading
Limited“), registration number (OGRN) 1193926007153, Russian Federation
(hereinafter referred to as „Rasperia“) (or to its legal successor/s) will
be made exclusively subject to the condition that the Management Board of
STRABAG resolves to pay the dividend for the STRABAG shares held by
Rasperia (or by its legal successor/s) in accordance with applicable
sanction restrictions and the potential impact of sanctions. The Paying
Agent will only pay the dividend for the STRABAG shares held by Rasperia
(or by its legal successor/s) if STRABAG expressly confirms in writing to
the Paying Agent that the payment is to be made.
3. Confirmation of the custodian bank for the redemption of value
rights
The custodian bank of each value rights holder other than Rasperia will,
upon submission of value rights, provide a confirmation stating that the
value rights were not held by Rasperia (or by its legal successor/s) as of
25 June 2024 or on the date of redemption. The confirmation form is
available on the STRABAG website (www.strabag.com).
The fully completed and signed confirmation is to be sent by the custodian
bank to the Paying Agent by e-mail.
The confirmation must not be older than three banking days when it is
received by the Paying Agent.
4. Submission period
The value rights, together with the confirmation pursuant to item 3, may
be submitted to the Paying Agent from 25 June 2024, 9:00 a.m. Vienna time,
until 25 June 2027, 5:00 p.m. Vienna time. Dividends not claimed in time
will lapse to the company’s favour.
5. Reimbursement of expenses
STRABAG will reimburse the custodian banks for expenses incurred in
processing the dividend payment by means of value rights in the amount of
€ 8,– per securities account. The reimbursement of expenses can be
claimed by the value rights holder’s custodian bank in the confirmation
pursuant to item 3.
6. Applicable law and place of jurisdiction
The rights and duties of the value rights holders and of STRABAG are
subject to Austrian law, with the exclusion of the referring statutes of
Austrian international private law. The place of performance is Vienna,
Austria.
For all legal disputes in connection with these processing conditions,
exclusive jurisdiction shall rest with the competent court in commercial
matters in Vienna, to the extent permitted by mandatory law and/or unless
any other mandatory place of jurisdiction applies (cf. in particular
Section 83a of the Austrian Jurisdiction Act (JN)).
For legal action brought by a consumer against STRABAG, exclusive
jurisdiction shall rest, according to the consumer’s choice, with either
the local court competent for the matter at the consumer’s place of
residence or the court at the place where the registered office of STRABAG
is situated or any other court which has competence under statutory
provisions, to the extent permitted by mandatory law and/or unless any
other mandatory place of jurisdiction applies (cf. in particular Section
83a of the Austrian Jurisdiction Act (JN)).
Villach, June 2024
The Management Board
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14.06.2024 CET/CEST
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Language: English
Company: STRABAG SE
Donau-City-Straße 9
1220 Vienna
Austria
Phone: +43 1 22422 – 1089
Fax: +43 1 22422 – 1177
E-mail: investor.relations@strabag.com
Internet: www.strabag.com
ISIN: AT000000STR1, AT0000A36HJ5
Listed: Vienna Stock Exchange (Official Market)
End of News EQS News Service
1923583 14.06.2024 CET/CEST