OMV Aktiengesellschaft

EANS-News: OMV Aktiengesellschaft
Announcement in accordance with section 82 para 9 Austrian Stock Exchange Act

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Capital measures/OMV / Austria / Oil / Gas


Wien (euro adhoc) - Announcement in accordance with section 82 para 9 Austrian
Stock Exchange Act


Transfer of treasury shares under the Long Term Incentive Plan 2009

OMV Aktiengesellschaft ("OMV" or "Company") intends to transfer treasury  shares
to employees, senior executives and  members  of  the  Executive  Board  of  the
Company as bonus shares under the Long Term Incentive Plan 2009,  based  on  the
resolution of OMV´s Supervisory Board of March 20, 2012 and the report  pursuant
to section 65 para 1b in conjunction with sections 171 para 1  and  153  para  4
Stock Corporation Act which was published on March 5, 2012.

Therefore, the Company announces in accordance with section 82 para  9  Austrian
Stock Exchange Act  ("BörseG")  in  conjunction  with  the  Austrian  Disclosure
Regulation 2002 (BGBl II 2002/112, "VeröffentlichungsV") the following:

1. Date of the resolution of the General Meeting pursuant to section 65 para  1b
Austrian Stock Corporation Act: May 17, 2011.

2. Date and form of publication of the resolution of  the  General  Meeting:  on
May 17, 2011 electronically pursuant to section 82 para 9  in  conjunction  with
para 8 BörseG and on the Company´s website http://www.omv.com.

3. Commencement  and  envisaged  duration  of  the  transfer:  the  transfer  is
expected to take place on April 2, 2012 and on March 31, 2014.

4. Class of shares concerned by the transfer:  no-par  value  bearer  shares  of
OMV.

5. Envisaged volume (number of shares) and percentage of the treasury shares  to
be transferred in relation to the registered share capital: up  to  194,809  no-
par value bearer shares, corresponding to up to  approximately  0.06%  of  OMV´s
registered share capital.

This number reflects the shares allocated under the  Long  Term  Incentive  Plan
2009 before deduction of taxes and duties but after deduction of allocations  to
senior executives who opted for a cash settlement. OMV executive  board  members
could not opt for a cash settlement.

6. Minimum and maximum  consideration  per  share:  none.  The  shares  will  be
transferred as bonus shares under a Long Term Incentive Plan.

7. Manner and purpose of the transfer  of  treasury  shares:  over  the  counter
transfer to members of the Executive Board  of  the  Company  and  other  senior
executives of OMV Group under the Long Term Incentive Plan 2009.

8. Effects on the stock exchange listing of the shares: none.

9. Number and allocation of shares to the individual current  and  former  board
members of the Company and other employees and senior executives  of  OMV  Group
(before deduction of taxes):


Gerhard Roiss:                               39,906
David C. Davies:                             27,362
Wolfgang Ruttenstorfer:                      54,728
Helmut Langanger:                            27,362
Werner Auli:                                 27,362
Other senior executives of OMV Group:        18,089


No shares are transferred to board members of affiliated companies of OMV.

The numbers of shares mentioned above are gross numbers of  vested  shares.  The
actual number of transferred shares will be a  net  amount  after  deduction  of
taxes and duties and will be published after the transfer online on the  website
of OMV under http://www.omv.com pursuant to section 7 VeröffentlichungsV.

Announcements of modifications to  the  intended  transfer  of  treasury  shares
(section 6 VeröffentlichungsV) and the publication of actual  transactions  with
treasury shares (section 7 VeröffentlichungsV) will only be made online  on  the
website of OMV under http://www.omv.com.


Further inquiry note:
OMV
Investor Relations:
Lacramioara Diaconu
Tel. +43 1 40 440-21600
e-mail: investor.relations@omv.com

Media Relations:
Johannes Vetter
Tel. +43 1 40 440-21661
e-mail: media.relations@omv.com
 
Internet Homepage: http://www.omv.com

end of announcement                               euro adhoc 
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company:     OMV Aktiengesellschaft
             Trabrennstraße  6-8
             A-1020 Wien
phone:       +43 1 40440/21600
FAX:         +43 1 40440/621600
mail:     investor.relations@omv.com
WWW:      http://www.omv.com
sector:      Oil & Gas - Downstream activities
ISIN:        AT0000743059
indexes:     ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English
 

Original-Content von: OMV Aktiengesellschaft, übermittelt durch news aktuell

Weitere Meldungen: OMV Aktiengesellschaft

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