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Schoeller-Bleckmann Oilfield Equipment AG

EANS-Other capital market information: Schoeller-Bleckmann Oilfield Equipment AG
Acquisition and/or sale of treasury shares according to art. 119 para. 9 Stock Exchange Act

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  Other capital market information 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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SALE OF TREASURY SHARES

SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft


          Announcement of a resolution for the sale of treasury shares


In compliance with the resolution passed by the Annual General Meeting on 23
April 2020, the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT
Aktiengesellschaft ("SBO") with its seat in Ternitz has decided, to make use of
the authorization to sell treasury shares. Accordingly, treasury shares can be
sold in a different way than via the stock exchange or a public offer.

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]/buyback.

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

1. Date of resolution by the Annual General Meeting:
23 April 2020

2. Date and type of disclosure of the resolution by the Annual General Meeting:
On 23 April 2020 pursuant to Sec 2 and 3 Veröffentlichungsverordnung (Austrian
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).

3. Begin and expected duration of the sale of treasury shares:
From 22 June 2020 to 30 June 2020

4. Share category:
Common bearer shares with a par-value of each EUR 1,00
(ISIN: AT0000946652).

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

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

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

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

9. Amount and allocation of share options to be granted or which have already
been granted to employees, senior managers and individual board members:
None. 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 16 June 2020
The Executive Board



Further inquiry note:
Andreas Böcskör, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Phone: +43 2630 315 ext 252, fax ext 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:      WBI, ATX
stockmarkets: Wien
language:     English

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

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