EQS Post-admission Duties announcement: AMAG Austria Metall AG /
Publication according to § 119 (9) BörseG
AMAG Austria Metall AG: Other admission duties to follow
12.04.2024 / 09:31 CET/CEST
Dissemination of a Post-admission Duties announcement 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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AMAG Austria Metall AG
Ranshofen, FN 310593f
ISIN AT00000AMAG3
Authorization to buy back and resell own shares
By resolution of the 13^th Annual General Meeting, held on April 11, 2024,
the Management Board was authorized:
1. in accordance with Section 65 (1) No. 8 and (1a) and (1b) AktG – with
the simultaneous revocation of the relevant resolutions adopted by the
Annual General Meeting on April 20, 2022 – 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 No. 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 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 No. 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 date of the resolution – with the
simultaneous revocation of the relevant resolutions adopted by the
Annual General Meeting on April 20, 2022 – with the consent by the
Supervisory Board, to determine, in accordance with Section 65 (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.
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12.04.2024 CET/CEST
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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
1879179 12.04.2024 CET/CEST