EANS-DD: OMV Aktiengesellschaft
Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)
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Directors' Dealings-Announcement pursuant to artikle 19 MAR transmitted by
euro adhoc with the aim of a Europe-wide distribution. The issuer is
responsible for the content of this announcement.
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personal data:
responsible party:
name: Thomas Gangl (natural person)
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reason:
reason: responsible party is a person with managerial responsibilities
function: board member
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issuer information:
name: OMV Aktiengesellschaft
Legal Entity Identifier (LEI): 549300V62YJ9HTLRI486
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information about deal:
ISIN: AT0000743059
description of the financial instrument: Share OMV Aktiengesellschaft
type: Conditional transaction
date: 31.03.2020; UTC+02:00
market: Outside a trading venue
currency: Euro
price volume
22.60 5,107 units
total volume: 5,107 units
total price: 115,418.20
average price: 22.60
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explanation: The shares to be transferred come from a performance share plan for
Executive Board members and selected senior managers of OMV group companies with
a three years performance period starting with 2017 until 2019 (Long Term
Incentive Plan - "LTIP 2017"). The Member of the Executive Board participated in
the LTIP 2017 still in his function as senior manager. The share grant level is
determined on the basis of the gross base salary 2017 (a certain percentage
thereof), OMV's average share price during the calculation period January 1,
2017 to March 31, 2017, and the achieved performance criteria as determined by
the Supervisory Board of OMV. The concrete share grant for the Member of the
Executive Board (in his former function as senior manager) under the LTIP 2017,
as authorized by the Supervisory Board, amounts to 5,107 shares. According to
the share plan, vesting date for the shares is March 31, 2020. According to the
share plan, the Member of the Executive Board (in his former function as senior
manager) could opt for a cash payment instead of a payment in shares at the
latest by the third quarter of 2017. The Member of the Executive Board (in his
former function as senior manager) did make use of this option (in the form of
payment in instalments) on the June 30, 2017. Calculation basis of the cash
payment is OMV's average share price (= average of closing prices at the Vienna
Stock Exchange) of the time period 14 working days (where the Vienna Stock
Exchange is open) prior to the vesting date until the vesting date, (if this day
is not a business day, then the respective business day before).
Further inquiry note:
OMV Aktiengesellschaft
Andreas Rinofner, Public Relations
Tel.: +43 (1) 40 440-21357; e-mail: public.relations@omv.com
Florian Greger, Investor Relations
Tel.: +43 (1) 40 440-21600; e-mail: investor.relations@omv.com
end of announcement euro adhoc
--------------------------------------------------------------------------------issuer: 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
ISIN: AT0000743059
indexes: ATX
stockmarkets: Wien
language: English
Original-Content von: OMV Aktiengesellschaft, übermittelt durch news aktuell