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Schoeller-Bleckmann Oilfield Equipment AG

EANS-Adhoc: Schoeller-Bleckmann Oilfield Equipment AG
Announcement of a resolution for the sale of treasury shares

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  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (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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Buybacks
22.03.2018

Ternitz/Wien - In compliance with the resolution passed by the Annual General
Meeting on 27 April 2016, the Executive Board of SCHOELLER-BLECKMANN OILFIELD
EQUIPMENT Aktiengesellschaft ("SBO") with its seat in Ternitz has decided to
sell treasury shares over-the-counter.

The announcement of the intended sale of treasury shares, based on the above
mentioned resolution by the Executive Board of SBO, is made pursuant to Sec 4
and 5 Veröffentlichungsverordnung (Austrian Publication Directive).

All transactions carried out in course of such sale of treasury shares will be
published on the website at www.sbo.at [http://www.sbo.at] (Investor Relations -
Corporate Governance - Share Buyback/Sale).

The present announcement represents no offer for the acquisition of SBO shares
whatsoever.



                     Date of resolution by the Annual General
         1.          Meeting: 27 April 2016

                     Date and type of disclosure of the
                     resolution by the Annual General
                     Meeting:
                     On 27 April 2016 pursuant to Sec 2 and 3
                     Veröffentlichungsverordnung (Austrian
         2.          Publication Directive) in connection
                     with Sec 119 (7) BoerseG (Austrian Stock
                     Exchange Act) via an information system
                     with European-wide dissemination and on
                     the SBO website (www.sbo.at [http://
                  www.sbo.at]).

                     Begin and expected duration of the sale
         3.          of treasury shares:
                     From 28 March to 13 April 2018

                     Share category: Common bearer shares
         4.          with a par-value of each EUR 1 (ISIN:
                     AT0000946652).

                     Intended volume of treasury shares to be
                     sold, each in proportion to the entire
                     share capital: 6,000 shares representing
         5.          0.0375 % of the share capital.
                     Allocation of shares in course of a
                     long-term remuneration program in an
                     over-the-counter transaction.

                     Highest and lowest value per share to be
                     received: None, because allocation in
         6.          course of a long-term remuneration
                     program.

                     Type and purpose of the sale of treasury
                     shares:
         7.          The treasury shares are allocated in
                     course of a long-term remuneration
                     program.

                     Possible effects of the share
                     reacquisition program on the admission
         8.          of the Company shares to official
                     trading on the stock exchange: None.

                     Amount and allocation of share options
                     to be granted or which have already been
                     granted to employees, senior managers
                     and individual board members: None.
         9.          Neither the Company nor its affiliated
                     companies currently have a share option
                     program in place in the sense of Sec 65
                     (1b) last sentence AktG (Austrian Stock
                     Corporation Act).


Ternitz, on 22 March 2018
The Executive Board






Further inquiry note:
Andreas Böcskör, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Tel: +43 2630/315 DW 252, Fax: DW 101
E-Mail:  a.boecskoer@sbo.co.at

end of announcement                         euro adhoc
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issuer:       Schoeller-Bleckmann Oilfield Equipment AG
              Hauptstrasse 2
              A-2630 Ternitz
phone:        02630/315110
FAX:          02630/315101
mail:          sboe@sbo.co.at
WWW:          http://www.sbo.at
ISIN:         AT0000946652
indexes:      ATX, WBI
stockmarkets: Wien
language:     English

Original-Content von: Schoeller-Bleckmann Oilfield Equipment AG, übermittelt durch news aktuell

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