EQS-AGM: STRABAG SE: PUBLICATION of the resolution adopted by the AGM on 14 June 2024 on the authorisation of the Management Board to acquire own shares purs. to Sec. 65(1) no. 8 and subsections 1a and 1b AktG

EQS-AGM: STRABAG SE: PUBLICATION of the resolution adopted by the AGM on 14 June 2024 on the authorisation of the Management Board to acquire own shares purs. to Sec. 65(1) no. 8 and subsections 1a and 1b AktG

EQS-News: STRABAG SE / Announcement of the Results of the General Meeting
STRABAG SE: PUBLICATION of the resolution adopted by the AGM on 14 June
2024 on the authorisation of the Management Board to acquire own shares
purs. to Sec. 65(1) no. 8 and subsections 1a and 1b AktG

14.06.2024 / 17:05 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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PUBLICATION of the resolution adopted by the Annual General Meeting on 14
June 2024 on the authorisation of the Management Board to acquire own
shares pursuant to Section 65 (1) no. 8 and subsections 1a and 1b AktG.

The following resolutions were passed at the Annual General Meeting of
STRABAG SE today, 14 June 2024:

„(1)     The authorisation of the Management Board granted at the 18th
Annual General Meeting on 24 June 2022 to acquire own shares shall be
cancelled to the extent not utilised and the Management Board shall be
authorised simultaneously, pursuant to Section 65 (1) no. 8 as well as
subsections 1a and 1b AktG, to acquire no-par value bearer or registered
shares of the company on the stock exchange, by public tender or in any
other manner to the extent of up to 10% of the share capital during a
period of 30 months from the date of this resolution at a minimum price of
EUR 1.00 per share (= calculated value of one share in proportion to the
share capital) and a maximum price of no more than EUR 43.00 per share.
The purpose of the acquisition may not be to trade with own shares. This
authorisation may be exercised in full or in part or in several partial
amounts, and in pursuit of one or several purposes by the company, by a
subsidiary (Section 189a no. 7 of the Austrian Commercial Code (UGB)) or
by third parties acting on behalf of the company. The authorisation may be
exercised once or several times. The authorisation shall be exercised by
the Management Board in such a way that the proportion of the share
capital associated with the shares acquired by the company on the basis of
this authorisation or otherwise may not exceed 10% of the share capital at
any time.

An acquisition may be decided by the Management Board; the Supervisory
Board must be subsequently informed of this decision.

(2)    The Management Board shall be authorised, with regard to the
acquisition of no-par value bearer or registered shares of the company in
accordance with resolution item 1, to exclude the shareholders’
proportionate selling rights that may accompany such an acquisition
(reverse exclusion of subscription rights). An acquisition with exclusion
of the proportionate selling rights (reverse exclusion of subscription
rights) is subject to the prior approval of the Supervisory Board.

(3)    The authorisation of the Management Board granted at the 18th
Annual General Meeting on 24 June 2022 to withdraw own shares shall be
cancelled to the extent not utilised and the Management Board shall be
authorised to withdraw, with the approval of the Supervisory Board, all or
part of the own shares acquired by the company without a further
resolution by the General Meeting.

(4)    The authorisation of the Management Board granted at the 18th
Annual General Meeting on 24 June 2022 to sell own shares shall be
cancelled to the extent not utilised and the Management Board shall be
authorised, for a period of five years from this resolution, to sell or
assign its own shares, with approval by the Supervisory Board, pursuant to
Section 65 (1b) AktG in a manner other than on the stock market or through
public tender, to the exclusion of the shareholders’ buyback rights
(subscription rights), and to determine the conditions of sale. This
authorisation may be exercised once or several times, in full or in part
or in several partial amounts, and in pursuit of one or several purposes
by the company, by a subsidiary (Section 189a no. 7 (UGB)) or by third
parties acting on behalf of the company.”

Contact
STRABAG SE
Marco Reiter
Department of Investor Relations
Tel. +43 1 22422-1089
investor.relations@strabag.com
ISIN
AT000000STR1
AT0000A36HJ5

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14.06.2024 CET/CEST

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Language: English
Company: STRABAG SE
Donau-City-Straße 9
1220 Vienna
Austria
Phone: +43 1 22422 – 1089
Fax: +43 1 22422 – 1177
E-mail: investor.relations@strabag.com
Internet: www.strabag.com
ISIN: AT000000STR1, AT0000A36HJ5
Listed: Vienna Stock Exchange (Official Market)

 
End of News EQS News Service

1925897  14.06.2024 CET/CEST

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