EQS-CMS: STRABAG SE: Other admission duties to follow

EQS Post-admission Duties announcement: STRABAG SE / Notification on
buy-back program
STRABAG SE: Other admission duties to follow

24.06.2022 / 13:36
Dissemination of a Post-admission Duties announcement transmitted by EQS –
a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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PUBLICATION of the resolution adopted by the Annual General Meeting on
24 June 2022 authorising the Management Board to acquire own shares in
accordance with Section 65 Para 1 No 8 as well as Para 1a and 1b of the
Austrian Stock Corporation Act (AktG).

The following resolutions were passed at the Annual General Meeting of
STRABAG SE held today, 24 June 2022:

The Management Board shall be authorised, in accordance with Section 65
Para 1 No 8 as well as Para 1a and 1b of the Austrian Stock Corporation
Act (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 € 1.00 per share (=
calculated value of one share in proportion to the share capital) and a
maximum price of no more than € 42.00 per share. The purpose of the
acquisition may not be to trade with own shares. 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 Para 7 of the Austrian Commercial Code (UGB)) or
by third parties acting on behalf of the company. The authorisation will
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.

The Management Board shall be authorised, with regard to the acquisition
of no-par value bearer or registered shares of the company (resolution
item 1), to exclude the shareholders’ proportionate selling rights that
may accompany such an acquisition (reverse exclusion of subscription
rights). An acquisition under exclusion of the proportionate selling
rights (reverse exclusion of subscription rights) is subject to the prior
consent of the Supervisory Board.

The Management Board shall be authorised, to withdraw, with the consent of
the Supervisory Board, all or part of the own shares acquired by the
company without a further resolution by the General Meeting.

The Management Board shall be authorised, for a period of five years from
this resolution, to sell or assign its own shares, with approval by the
Supervisory Board, in accordance with Section 65 Para 1b AktG in a manner
other than on the stock market or through a public tender, to the
exclusion of the shareholders’ buyback rights (subscription rights), and
to determine the conditions of sale. The 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 Para 7 UGB) or by third parties acting on behalf of the
company.

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24.06.2022

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Language: English
Company: STRABAG SE
Donau-City-Straße 9
1220 Vienna
Austria
Internet: www.strabag.com

 
End of News EQS News Service

1383607  24.06.2022