EQS-AGM: Publication of the resolution of the Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe on the redemption of treasury shares

2023-05-26 17:52:50

EQS-News: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe /
Announcement of the Results of the General Meeting
Publication of the resolution of the Annual General Meeting of VIENNA
INSURANCE GROUP AG Wiener Versicherung Gruppe on the redemption of
treasury shares

26.05.2023 / 17:50 CET/CEST
Announcement of the Results of the General Meeting, transmitted by EQS
News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Translation from German original – in case of doubt the German version
prevails

Publication of the resolution of the Annual General Meeting of VIENNA
INSURANCE GROUP AG Wiener Versicherung Gruppe on the redemption of
treasury shares pursuant to Section 65 (1) No. 8 and (1a) and (1b) of the
Austrian Stock Corporation Act [Aktiengesetz/AktG] and on the sale of
treasury shares in a way other than via the stock exchange or a public
offering (Section 65 (1b) AktG)

Publication pursuant to Section 119 (9) of the Austrian Stock Exchange Act
2018 [Börsegesetz/BörseG 2018] in conjunction with Sections 2 and 3 of the
Publication Regulation 2018 [Veröffentlichungsverordnung/
VeröffentlichungsV 2018]

The Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe, Schottenring 30, 1010 Vienna, FN [Company Register
No.] 75687 f, of 26 May 2023 has passed the following resolution, which is
hereby published pursuant to Section 65 (1a) AktG in conjunction with
Section 119 (9) BörseG 2018 and pursuant to Sections 2 and 3
VeröffentlichungsV 2018:

The authorisation of the Managing Board pursuant to Section 65 (1) no. 8
and (1a) and (1b) AktG as resolved by the 30th Annual General Meeting on
21 May 2021 to acquire treasury shares and resell these treasury shares
shall be revoked and replaced by the following new authorisation:

The Managing Board is authorised pursuant to Section 65 (1) no. 8 and (1a)
and (1b) AktG to acquire treasury ordinary bearer shares to the maximum
extent permitted by law during a term of thirty (30) months from the day
of the resolution of the Annual General Meeting. The equivalent to be paid
upon redemption must not be lower than a maximum of 50% below and not
higher than a maximum of 10% above the unweighted average closing price on
the Vienna Stock Exchange of the ten trading days preceding redemption. At
the Managing Board’s option the shares may be acquired via the stock
exchange or a public offering or in any other expedient manner that is
permitted by law. In the event of a redemption via a public offer the
cut-off date for the end of the calculation period is the day on which the
intention to make a public offer is announced (Section 5 (2) and (3)
Takeover Act [Übernahmegesetz/ÜbG]).

The Managing Board is further entitled for a period of five (5) years from
date of the resolution, with exclusion of the shareholders’ subscription
rights

 a. to use the acquired treasury shares for the purpose of servicing
convertible bonds issued on the basis of the resolution of the Annual
General Meeting of 21 May 2021; and

 b. to sell them in a manner permitted by law other than via the stock
exchange or by means of a public offer.

 

Vienna, May 2023

 

The Managing Board

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26.05.2023 CET/CEST

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Language: English
Company: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
Schottenring 30
1010 Vienna
Austria
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.vig.com
ISIN: AT0000908504
WKN: A0ET17
Listed: Vienna Stock Exchange (Official Market)

 
End of News EQS News Service

1643473  26.05.2023 CET/CEST

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