EQS Post-admission Duties announcement: Palfinger AG / Publication
according to § 119 (9) BörseG
PALFINGER AG: Other issuer/company information
13.06.2025 / 14:36 CET/CEST
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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PALFINGER AG: Possible sale of treasury shares
On April 1, 2025, PALFINGER AG, FN 33393 h (the "Company") announced the
start of the concrete evaluation and preparation of a possible sale of the
Company's treasury shares in the current calendar year 2025 by other means
than via the stock exchange, and with partial or complete exclusion of the
right for shareholders to purchase, to institutional investors by means of
a private placement (accelerated bookbuilding process). On April 7, 2025,
the Company published a management board report on the exclusion of the
right to purchase (subscription right) for existing shareholders in
accordance with Sections 65 (1b) and 171 (1) and 153 (4) of the Austrian
Stock Corporation Act in the event of a possible sale of treasury shares.
As of now, the Company's management board has not resolved on a sale of
treasury shares. Such decision depends in particular on an attractive
development of the capital market environment, the development in the price
of the Company´s shares on the Vienna Stock Exchange, the interest of
potential investors to buy, and the approval of the Company´s supervisory
board. To create the prerequisite for a potential sale of the Company's
treasury shares by way of a private placement, the Company announces the
following details in accordance with Section 5 of the Austrian Publication
Regulation 2018 ("VVO"):
1. Date of the resolution of the Resolution of the shareholders'
shareholders' meeting authorizing the meeting of the Company in
sale of treasury shares accordance with Section 65 (1b)
of the Austrian Stock Corporation
Act dated April 3, 2025.
2. Date and manner of publication of the The resolution of the
resolution of the shareholders' shareholders' meeting was
meeting published on April 3, 2025, in
accordance with Section 119 (7)
and (9) of the Austrian Stock
Exchange Act and Section 2 VVO by
way of an electronically operated
information distribution system.
3. Start and expected duration of the A sale of treasury shares is to
sales program for the Company's be carried out as a one-time
treasury shares (accelerated transaction in the form of an
bookbuilding process) accelerated private placement to
institutional investors
(accelerated bookbuilding). Such
accelerated bookbuilding may take
place at any time in the calendar
year 2025 after the expiration of
three trading days following this
publication.
4. Class of shares that is subject to the The sales program concerns no-par
sales program value bearer shares of the
Company (ISIN AT0000758305).
5. Intended maximum volume of the sale of Sale of up to 2,826,516 treasury
treasury shares shares, corresponding to approx.
7.52% of the entire share capital
of the Company.
6. Highest and lowest value per share A specific selling price has not
yet been determined and will be
set close to market based on a
market-standard bookbuilding
process at the appropriate time.
7. Means and purpose of the sale of A sale of treasury shares would
treasury shares exclusively be made to
institutional investors by means
of an accelerated private
placement (accelerated
bookbuilding process) and
therefore outside the stock
exchange (over the counter).
8. Possible impact of the sales program None.
on the admission of the Company's
shares to trading on the stock
exchange
9. Amount and allocation of stock options Not applicable. No such stock
that have to be granted or have been options have been granted in the
granted in the past to employees, past nor do such stock options
senior employees and individual have to be granted.
members of the management and
supervisory boards of the Company or
its affiliated companies including the
amount of the respective shares that
could be subscribed, provided that the
Company has granted in the past or
intends to grant stock options within
the period according to Section 65 (1)
8. of the Austrian Stock Corporation
Act
References in accordance with Section 5 (4) VVO: The fulfillment of the
publication obligations according to Sections 6 and 7 VVO regarding the
publication of possible changes to the sales program or the details
regarding transactions executed by the Company as part of the sales program
will exclusively take place via the website of the Company
((1)www.palfinger.ag) under the heading
investors/corporate-governance/share-buyback/own-shares
(https://www.palfinger.ag/en/investors/corporate-governance/share-buyback).
This publication serves as publication in accordance with Section 5 VVO.
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13.06.2025 CET/CEST
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Language: English
Company: Palfinger AG
Lamprechtshausener Bundesstraße 8
5020 Salzburg
Austria
Internet: www.palfinger.ag
End of News EQS News Service
2154994 13.06.2025 CET/CEST
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