EQS-CMS: STRABAG SE: Other admission duties to follow | Brandaktuell - Nachrichten aus allen Bereichen

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

0 90

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

19.08.2022 / 18:03 CET/CEST
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.

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

Conditions for the buyback of own shares

Disclosure in accordance with Section 65 Para 1a of the Austrian Stock
Corporation Act (AktG) and Section 119 Para 9 of the Austrian Stock
Exchange Act (BörseG) 2018 in connection with Section 5 of the Austrian
Publication Regulation (Veröffentlichungsverordnung) 2018

STRABAG SE has agreed with the bidders – Haselsteiner
Familien-Privatstiftung, RAIFFEISEN-HOLDING NIEDERÖSTERREICH-WIEN
registrierte Genossenschaft mit beschränkter Haftung and UNIQA Österreich
Versicherungen AG – of the published mandatory anticipatory offer
(hereinafter referred to as the “offer”) to acquire, as own shares, up to
10,260,000 of the shares included in the offer, representing up to 10 % of
the share capital, at the same price as the offer price (EUR 38,94). The
bidders will acquire these shares in the course of the offer in trust for
STRABAG SE.

Conditions of the share buyback:

Date of the resolution by 24 June 2022
the General Meeting
authorising the purchase of
own shares pursuant to
Section 65 Para 1 No 8 of
the Austrian Stock
Corporation Act (AktG):
Date and publication of the 24 June 2022 via an information dissemination
resolution: system pursuant to Section 118 Para 1 No 9 in
connection with Section 118 Para 1 No 22 and
Section 119 Para 9 of the Austrian Stock
Exchange Act (BörseG) 2018 in connection with
Section 2 of the Disclosure and Reporting
Regulation (Verbreitungs- und Meldeverordnung)
2018
Expected date of buyback: On or around the settlement date of the offer
by Haselsteiner Familien-Privatstiftung,
RAIFFEISEN-HOLDING NIEDERÖSTERREICH-WIEN
registrierte Genossenschaft m.b.H. and UNIQA
Österreich Versicherungen AG (the “bidders”)
after expiry of the three-month additional
acceptance period
Stock class: Ordinary shares (ISIN AT000000STR1).
Volume: Up to 10,260,000 shares, corresponding to up
to 10 % of the share capital of the company.
Purchase price: EUR 38,94, corresponding to the offer price of
the bidders’ offer
Type of buyback: Over-the-counter acquisition of shares
included in the offer by the bidders
Purpose: Purpose-free acquisition in accordance with
the resolution passed by company’s General
Meeting authorising the Management Board to
buy back own shares (Section 65 Para 1 No 8
AktG)
Impact on stock exchange None. It is pointed out that in case of a high
listing of STRABAG shares: acceptance rate of the bidders’ mandatory bid,
the minimum free float required for an
admission of the shares to official trading
(Sections 38 et seq BörseG) might not be met.

Notice pursuant to Section 5 Para 4 of the Austrian Publication Regulation
(Veröffentlichungsverordnung) 2018: Details to be published pursuant to
Section 7 of the Publication Regulation 2018 regarding transactions
carried out in the context of this buyback as well as any amendments to
terms and conditions to be published pursuant to Section 6 of the
Publication Regulation 2018 shall be published on the website of
STRABAG SE at https://www.strabag.com.

IMPORTANT INFORMATION

This publication is not a public offer for the acquisition of STRABAG
shares by the company and does not create any obligation on the part of
the company or any of its subsidiaries to buy (back) any STRABAG shares.

 This publication by STRABAG SE is made in connection with the published
mandatory bid (Section 22 et seq of the Austrian Takeover Act) by
Haselsteiner Familien-Privatstiftung, RAIFFEISEN-HOLDING
NIEDERÖSTERREICH-WIEN registrierte Genossenschaft mit beschränkter Haftung
and UNIQA Österreich Versicherungen AG for shares in STRABAG SE (takeover
bid). The publication is for information purposes only and does not
constitute a solicitation or recommendation to buy or sell or an offer to
buy or sell any securities of STRABAG SE. The terms and conditions and
other provisions relating to the takeover offer will be contained in the
offer documents to be published by Haselsteiner Familien-Privatstiftung,
RAIFFEISEN-HOLDING NIEDERÖSTERREICH-WIEN registrierte Genossenschaft mit
beschränkter Haftung and UNIQA Österreich Versicherungen AG. The content
of the offer documents and the statements to be made by the Management
Board and Supervisory Board of STRABAG SE in this regard are authoritative
and investors and holders of shares in STRABAG SE are expressly
recommended to examine them.

 Insofar as this communication contains forward-looking statements
concerning STRABAG SE, these do not represent facts and are identified by
words such as “will”, “believes”, “expects”, “predicts”, “intends”,
“projects”, “plans”, “estimates”, “aims”, “foresees”, “anticipates”,
“targets”, and similar expressions. These statements express intentions,
views or current expectations and assumptions of STRABAG SE. The
forward-looking statements are based on current plans, estimates and
forecasts, but make no statement about their future accuracy.
Forward-looking statements are subject to risks and uncertainties that are
difficult to predict and are usually beyond STRABAG SE’s control. It
should be noted that actual events or developments may differ materially
from those contained or expressed in the forward-looking statements.

 

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

19.08.2022 CET/CEST

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

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

 
End of News EQS News Service

1424665  19.08.2022 CET/CEST

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
(C) Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender. STRABAG SE

Hinterlasse eine Antwort

Deine Email-Adresse wird nicht veröffentlicht.