EANS-News: Wolford Aktiengesellschaft
Announcement pursuant to § 5 Austrian
Publication Regulation 2002
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The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Stock Activity/LTI Program Announcement pursuant to § 5 Austrian Publication Regulation 2002 _____________________________________________________________________________ |__________Conditions_relating_to_the_sale_of_own_(treasury)_shares___________| |Day_resolution_was_adopted:__________|September_17,_2015_____________________| | |The adopted resolution was published on| |Day and method of publication of the |September 17, 2015 pursuant to § 82 | |resolution: |Para. 8 in connection with § 82 Para. 9| |_____________________________________|Austrian_Stock_Exchange_Act.___________| |Begin and expected duration: |The sale is to take place on January | |_____________________________________|22,_2016.______________________________| |Class of shares: |Ordinary bearer shares of Wolford | |_____________________________________|Aktiengesellschaft_(ISIN_AT0000834007).| | |11,860 shares (on the basis of the | | |share capital of Wolford | | |Aktiengesellschaft amounting to EUR | | |36,350,000,-, divided into 5,000,000 | |Volume: |shares with a proportionate value of | | |EUR 7.27 per share, this corresponds to| | |0.24% of all shares of Wolford | | |Aktiengesellschaft or 0.24% of the | | |share capital of Wolford | |_____________________________________|Aktiengesellschaft).___________________| | |About EUR 21.08 per share (or a total | |Selling price: |of EUR 250,000 for the total of 11,860 | |_____________________________________|shares)._______________________________| |Method_of_sale:______________________|Over-the-counter.______________________| | |The sale of own shares takes place in | | |accordance with the Long Term Incentive| | |Program of Wolford Aktiengesellschaft, | | |in line with the resolution passed by | | |the Supervisory Board of Wolford | | |Aktiengesellschaft on January 18, 2016 | | |in accordance with the Report of the | | |Supervisory Board published on | |Purpose: |September 17, 2015 pursuant to | | |§ 95 Para. 6 Austrian Stock Corporation| | |Act in connection with § 159 Para. 2 N | | |3 Austrian Stock Corporation Act. | | |The sale is for the purpose of enabling| | |the stipulated personal investment in | | |shares of Wolford Aktiengesellschaft | | |totaling EUR 250,000 on the part of the| | |Management Board members participating | |_____________________________________|in_the_Long_Term_Incentive_Program.____| | |Wolford Aktiengesellschaft does not | |Effect of the repurchase on the stock|expect any consequences of the sale of | |market listing: |its own shares on its listing on the | | |Official Market of the Vienna Stock | |_____________________________________|Exchange.______________________________| | |There is no granting or issuing of | | |(own) shares of Wolford | | |Aktiengesellschaft for the members of | | |the Management Board within the context| | |of the Long Term IncentiveProgram. | | |The Long Term IncentiveProgram | | |stipulates a monetary bonus for the | | |members of the Management Board for the| |Number and allocation of the share |2015/2016, 2016/2017 and 2017/2018 | |options: |financial years in the form of stock | | |appreciation rights. The stock | | |appreciation rightsare entitlements to | | |the increases in the share value. On | | |balance, the two Management Board | | |members participating in the Long Term | | |Incentive Program have been allocated a| | |total of 213,333 stock appreciation | |_____________________________________|rights.________________________________| | |Wolford Aktiengesellschaft intends to | | |fulfill any disclosure obligations | | |pursuant to the Austrian Stock Exchange| | |Act and the Austrian Publication | | |Regulation 2002, inasmuch as this is | | |legally permissible, by publishing | |Announcement on the sale of own |relevant information which is publicly | |shares: |accessible on a Website on the | | |Internet, namely its own Website (http:| | |//company.wolford.com), incidentally | | |via an information system with the aim | | |of European-wide distribution in the | | |spirit of § 82 Para. 8 Austrian Stock | |_____________________________________|Exchange_Act.__________________________| Bregenz, January 18, 2016 Wolford Aktiengesellschaft Further inquiry note: Wolford AG Maresa Hoffmann Referentin Investor Relations & Corporate Communications Tel.: +43 5574 690 1258 investor@wolford.com | company.wolford.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Wolford Aktiengesellschaft Wolfordstrasse 1 A-6900 Bregenz phone: +43 (0) 5574 690-1268 FAX: +43 (0) 5574 690-1219 mail: investor@wolford.com WWW: company.wolford.com sector: Textiles & Clothing ISIN: AT0000834007 indexes: ATX Prime, ATX Global Players stockmarkets: free trade: Frankfurt, regulated dealing: Wien, ADR: New York language: English
Original content of: Wolford Aktiengesellschaft, transmitted by news aktuell