EQS-News: UNIQA Insurance Group AG: Buybacks / Annual General Meeting

EQS-News: UNIQA Insurance Group AG / Key word(s): Share Buyback/AGM/EGM
UNIQA Insurance Group AG: Buybacks / Annual General Meeting

07.06.2023 / 16:43 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Unofficial translation from the German language – only the German language
version is legally binding

Announcement according to Section § 65 (1b) of the Stock Corporation Act
in connection with Section 119 (7) of the Stock Exchange Act and Sections
2 and 3 of the Austrian Publication Ordinance
(Veröffentlichungsverordnung) 

On June 6, 2023, the 24th Annual General Meeting of UNIQA Insurance Group
AG, 1029 Vienna, Untere Donaustraße 21, FN 92933t, has passed the
following resolution as to item 7 on the agenda:
“The Management Board shall be authorized to purchase own shares pursuant
to Section 65 (1.8) and (1a) and (1b) of the Stock Corporation Act,
subject to approval by the Supervisory Board, up to a maximum of 10% of
the share capital, including other own shares already purchased and still
held by the Company (which are to be counted toward the maximum number of
own shares allowed pursuant to Section 65 (2) of the Stock Corporation
Act), with the option of making repeated use of the 10% limit, on the
stock exchange and over the counter, also excluding the shareholders’
proportional tender option. The authorization can be exercised from and
including June 6, 2023 up to and including December 6, 2025, i.e. over a
period of 30 months, for the purchase of own shares at a minimum price of
EUR 1.00 and a maximum price of EUR 15.00 per share. The authorization
granted to purchase own shares also includes the purchase of shares of the
Company by subsidiaries of the Company (Section 66 Stock Corporation Act).
The Company’s own shares can be sold, subject to approval by the
Supervisory Board, within a period of five years from the date of
authorization other than on the stock exchange or by public offering, (i)
for the purpose of setting up an employee participation program, either
including members of the Management Board and/or senior employees or
exclusively for members of the Management Board and/or senior employees,
or for a stock option plan for employees, either including members of the
Management Board and/or senior employees or exclusively for members of the
Management Board and/or senior employees of the Company and, if so
decided, of affiliated companies, including, if applicable, through
transfer to an employee participation foundation in the meaning of Section
4d (4) of the Income Tax Act, or (ii) as consideration for the acquisition
of companies, establishments, parts of establishments or shares in one or
several companies in Austria or abroad, or (iii) for an over-allotment
option (greenshoe option) or (iv) for the rounding of fractional amounts. 

The Management Board shall be authorized to withdraw own shares bought
back with the approval of the Supervisory Board but without further
authorization to be granted by the Annual General Meeting, and the
Supervisory Board is authorized to adopt amendments to the Articles of
Association required as a result of the withdrawal of shares.

Vienna, on 7 June 2023

UNIQA Insurance Group AG

The Management Board
 

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07.06.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: UNIQA Insurance Group AG
Untere Donaustraße 21
1029 Vienna
Austria
Phone: +43 1 211 75-0
E-mail: investor.relations@uniqa.at
Internet: www.uniqagroup.com
ISIN: AT0000821103
WKN: 928900
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1651993

 
End of News EQS News Service

1651993  07.06.2023 CET/CEST