EQS-News: STRABAG SE / Announcement of the Results of the General Meeting
STRABAG SE: Publication of a resolution adopted at the AGM on 13 June 2025
pursuant to §119(9) of the Austrian Stock Exchange Act in conjunction with
§§2(1) and 3(1) of thePublication Regulation
13.06.2025 / 14:50 CET/CEST
Announcement of the Results of the General Meeting, transmitted by EQS
News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
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STRABAG SE
Villach, FN 88983 h
ISIN: AT000000STR1
Publication of a resolution adopted at the Annual General Meeting on 13
June 2025 pursuant to §119(9) of the Austrian Stock Exchange Act (BörseG)
in conjunction with §§2(1) and 3(1) of the 2018 Publication Regulation
(Veröffentlichungsverordnung)
At the Annual General Meeting of STRABAG SE (hereinafter also referred to
as the “Company”) held on 13 June 2025, the following resolution was
adopted under agenda item 8 (Resolution to authorise the Management Board
a) to acquire own shares, pursuant to Section 65(1) no. 8 as well as
subsections 1a and 1b AktG, on the stock exchange, by public tender or in
any other manner, to the extent of up to 10% of the share capital, also
under exclusion of any proportionate selling rights that may accompany
such an acquisition (reverse exclusion of subscription rights); b) to
reduce the share capital by cancellation of own shares acquired without a
further resolution by the General Meeting; and c) sell or assign own
shares pursuant to Section 65 (1b) AktG in a manner other than on the
stock market or through public tender):
(1)
The authorisation of the Management Board granted at the 20th Annual
General Meeting on 14 June 2024 to acquire own shares shall be cancelled
to the extent not utilised and the Management Board shall be authorised
simultaneously, pursuant to Section 65 (1) no. 8 as well as subsections 1a
and 1b AktG, to acquire no-par value bearer or registered shares of the
company on the stock exchange, by public tender or in any other manner to
the extent of up to 10% of the share capital during a period of 30 months
from the date of this resolution at a minimum price of EUR 1.00 per share
(= calculated value of one share in proportion to the share capital) and a
maximum price of no more than 5% above the volume-weighted average closing
price of the shares on the Vienna Stock Exchange over the last three
months preceding the agreement for the respective acquisition or preceding
the date of submission of an offer by the company. In the event of a
public offer, the reference date for the end of this period shall be the
day preceding the day on which the intention to launch a public offer has
been announced (Section 5 (2) and (3) of the Austrian Takeover Act (ÜbG)).
The Management Board is authorised to determine the repurchase conditions.
The purpose of the acquisition must not be to trade with own shares. This
authorisation may be exercised in full or in part or in several partial
amounts, and in pursuit of one or several purposes by the company, by a
subsidiary (Section 189a no. 7 of the Austrian Commercial Code (UGB)) or
by third parties acting on behalf of the company. The authorisation may be
exercised once or several times. The authorisation shall be exercised by
the Management Board in such a way that the proportion of the share
capital associated with the shares acquired by the company on the basis of
this authorisation or otherwise may not exceed 10% of the share capital at
any time.
An acquisition may be decided by the Management Board; the Supervisory
Board must be subsequently informed of this decision.
(2)
The Management Board shall be authorised, with regard to the acquisition
of no-par value bearer or registered shares of the company in accordance
with resolution item 1, to exclude the shareholders’ proportionate selling
rights that may accompany such an acquisition (reverse exclusion of
subscription rights). An acquisition with exclusion of the proportionate
selling rights (reverse exclusion of subscription rights) is subject to
the prior approval of the Supervisory Board.
(3)
The authorisation of the Management Board granted at the 20th Annual
General Meeting on 14 June 2024 to withdraw own shares shall be cancelled
to the extent not utilised and the Management Board shall be authorised to
withdraw, with the approval of the Supervisory Board, all or part of the
own shares acquired by the company without a further resolution by the
General Meeting.
(4)
The authorisation of the Management Board granted at the 20th Annual
General Meeting on 14 June 2024 to sell own shares shall be cancelled to
the extent not utilised and the Management Board shall be authorised
simultaneously, for a period of five years from this resolution, to sell
or assign its own shares, with the approval by the Supervisory Board,
pursuant to Section 65 (1b) AktG in a manner other than on the stock
market or through public tender, to decide on any exclusion of the
shareholders’ buyback rights (subscription rights), and to determine the
conditions of sale. This authorisation may be exercised once or several
times, in full or in part or in several partial amounts, and in pursuit of
one or several purposes by the company, by a subsidiary (Section 189a no.
7 (UGB)) or by third parties acting on behalf of the company.
Vienna, June 2025
The Management Board
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13.06.2025 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
Listed: Vienna Stock Exchange (Official Market)
End of News EQS News Service
2153108 13.06.2025 CET/CEST
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