EQS-Adhoc: AUSTRIACARD HOLDINGS AG:

EQS-Ad-hoc: AUSTRIACARD HOLDINGS AG / Key word(s): Share Buyback
AUSTRIACARD HOLDINGS AG:

28-Jun-2024 / 15:32 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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EQS-Adhoc: AUSTRIACARD HOLDINGS AG RESOLVES TO IMPLEMENT A NEW SHARE
BUY-BACK PROGRAM

Public disclosure of inside information according to Art 17 MAR

Vienna, this 28 June 2024

The management board of AUSTRIACARD HOLDINGS AG (the “Company”) resolved
today to implement a new share buy-back program for own shares (the “Share
Buy-Back Program II”) on the basis of the authorization resolution
pursuant to Sec 65 para 1 no 4 and 8 Austrian Stock Corporation Act of the
annual general meeting held on 30 June 2023, which was published on
30 June 2023. The supervisory board of AUSTRIACARD HOLDINGS AG approved
the implementation of the new Share Buy-Back Program II by resolution
passed today.

The Share Buy-Back Program II is conducted in order to acquire own shares
for remuneration purposes, i.e. transferring shares to employees, senior
executives, as well as members of the management board of the Company or
its subsidiaries in accordance with the authorization resolution of the
annual general meeting of 30.6.2023.

The share buy-backs are carried out by PIRAEUS SECURITIES S.A. via the
stock exchange and multilateral trading facilities (MTFs). PIRAEUS
SECURITIES S.A. makes its decision on the time of acquisition
independently and without influence from AUSTRIACARD HOLDINGS AG and must
comply with the trading conditions pursuant to Art 3 of Commission
Delegated Regulation (EU) 2016/1052 of 8 March 2016.

The maximum volume of the Share Buy-Back Program II amounts to up to
727,077 own shares (corresponding to approx. 2% of the current total share
capital). Τhe share buy-back under the Share Buy-Back Program II will
start on 1.7.2024 and is anticipated to continue up to (including)
31.12.2024.

In accordance with the resolution of the annual general meeting held on
30 June 2023, the consideration to be paid per share when acquiring shares
must (i) not be lower than EUR 1 (i.e., the calculated proportion of the
share capital per share), and (ii) not be more than 20% above the
volume-weighted average price of the last 20 trading days preceding the
respective purchase. Additionally, the management board has determined a
maximum price of EUR 12 per share.

The maximum total consideration under the Share Buy-Back Program II
amounts to EUR 5,816,616.

The share buy-backs are carried out within the framework of the safe
harbor rule pursuant to Art 5 of the Market Abuse Regulation.

The Share Buy-Back Program II does not have any effects on the listing of
the shares.

The details of the Share Buy-Back Program II, details of the transactions
carried out under the Share Buy-Back Program II and any changes to the
Share Buy-Back Program II will be published in accordance with valid
legislation and on the website of AUSTRIACARD HOLDINGS AG under
[1] https://www.austriacard.com/investor-relations-ac/

This announcement is not a public offer to purchase shares of AUSTRIACARD
HOLDINGS AG and does not impose any obligations on AUSTRIACARD HOLDINGS AG
or any of its subsidiaries to accept offers to buy back shares of
AUSTRIACARD HOLDINGS AG.

ABOUT AUSTRIACARD HOLDINGS AG

AUSTRIACARD HOLDINGS AG leverages over 130 years of experience in
information management, printing, and communications to deliver secure and
transparent experiences for its customers. They offer a comprehensive
suite of products and services, including payment solutions,
identification solutions, smart cards, card personalization, digitization
solutions, and secure data management. ACAG employs a global workforce of
2,700 people and is publicly traded on both the Athens and Vienna Stock
Exchanges under the symbol ACAG.

 

Issuer:   AUSTRIACARD HOLDINGS AG

   Lamezanstraße 4-8

1230 Vienna

Austria

Contact person: Dimitris Tzelepis

Tel.:                             +43 1 61065 – 357

E-Mail:                         d.tzelepis@austriacard.com

Website:  www.austriacard.com

ISIN(s):   AT0000A325L0

Stock Exchange(s): Vienna Stock Exchange (prime market)

   Athens Exchange (main market)

 

End of Inside Information

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28-Jun-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: AUSTRIACARD HOLDINGS AG
Lamezanstraße 4-8
1230 Vienna
Austria
E-mail: ac.contact@austriacard.com
Internet: https://www.austriacard.com/
ISIN: AT0000A325L0
WKN: A3D5BK
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1935995

 
End of Announcement EQS News Service

1935995  28-Jun-2024 CET/CEST

References

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