EQS-DD: Andritz AG english

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

28.06.2022 / 18:15
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

1. Details of the person discharging managerial responsibilities / person
closely associated

a) Name

┌───────────────┬───────────┐
│ Title: │ │
├───────────────┼───────────┤
│ First name: │ Domenico │
├───────────────┼───────────┤
│ Last name(s): │ Iacovelli │
└───────────────┴───────────┘

2. Reason for the notification

a) Position / status

┌───────────┬─────────────────────────────┐
│ Position: │ Member of the managing body │
└───────────┴─────────────────────────────┘

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a) Name

┌────────────┐
│ Andritz AG │
└────────────┘

b) LEI

┌───────────────────────┐
│ 549300VZKC61IR5U8G96  │
└───────────────────────┘

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument,
identification code

┌──────────────┬──────────────────────────────────────────────┐
│ Type: │ Derivative │
├──────────────┼──────────────────────────────────────────────┤
│ Description: │ Allocation of call options on ANDRITZ shares │
└──────────────┴──────────────────────────────────────────────┘

b) Nature of the transaction

┌────────────────────────────────────────────────────────────────────────┐
│ Stock options under the option program 2022 for executives; exercise │
│ period: May 1, 2025 to April 30, 2029, depending on the achievement of │
│ the following criteria: price performance, EBITA margin and accident │
│ frequency rate. The three criteria are independent of each other. │
└────────────────────────────────────────────────────────────────────────┘

c) Price(s) and volume(s)

┌───────────┬────────────────┐
│ Price(s) │ Volume(s) │
├───────────┼────────────────┤
│ 38.80 EUR │ 37500.00 Units │
└───────────┴────────────────┘

d) Aggregated information

┌───────────┬───────────────────┐
│ Price │ Aggregated volume │
├───────────┼───────────────────┤
│ 38.80 EUR │ 37500.00 Units │
└───────────┴───────────────────┘

e) Date of the transaction

┌───────────────────┐
│ 28/06/2022; UTC+2 │
└───────────────────┘

f) Place of the transaction

┌─────────────────────────┐
│ Outside a trading venue │
└─────────────────────────┘

══════════════════════════════════════════════════════════════════════════

28.06.2022

══════════════════════════════════════════════════════════════════════════

Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Internet: www.andritz.com

 
End of News EQS News Service

76289  28.06.2022