23.03.2016, 2964 Zeichen

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
Buybacks
RESALE OF OWN SHARES under the SHARE BUYBACK PROGRAMME 2014
SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft
Publication pursuant to sec 82 (9) Austrian Stock Exchange Act in conjunction with secs 4 and 5 Austrian Publication Regulation 2002
Within the framework of the implementation of the resolution passed by the Annual General Meeting which took place on April 23, 2014, the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft ("SBO") with its registered headquarters in Ternitz, Lower Austria, has decided to sell own shares in off-exchange transactions.
With this announcement, the share buyback programme based on the above mentioned resolution of the Executive Board of SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft is publicly made known pursuant to sec 82(9) Austrian Stock Exchange Act in conjunction with secs 4 and 5 Austrian Publication Regulation 2002.
The publication of all transactions carried out within the framework of the share buyback programme or the sale of own shares will be published on the Internet at the following address: www.sbo.at (Investor Relations - Corporate Governance - Share buyback/sale).
1. Day on which the resolution was passed by the Annual General Meeting in regard to authorizing the buyback authorisation: April 23, 2014
2. Day and manner in which the resolution of the Annual General Meeting was announced: April 23, 2014 on the SBO website (www.sbo.at) and pursuant to sec 82 (9) in conjunction with sec 82 (8) Austrian Stock Exchange Act
3. Planned date of sale/transfer of own shares: March 31, 2016
4. Class of shares: par-value bearer shares
5. Intended volume of shares: 6,000 shares
6. Highest and lowest value per share: 6,000 shares - no equivalent value, as shares will be allocated under the remuneration system;
7. Manner and purpose of the share buyback and/or sale of own shares: Sale or allocation will be conducted as off-exchange transaction and for the purpose of using 6,000 shares to serve a long-term remuneration programme.
8. Possible effects of the share buyback programme on the admission of the Shares to official trading: None
9. Number and distribution of the share options to be granted or which have already been granted to employees, senior managers and individual board members: None
Ternitz, March 23, 2016 The Executive Board


end of announcement euro adhoc
company: 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

sector: Oil & Gas - Upstream activities
ISIN: AT0000946652 indexes: WBI, ATX Prime, ATX stockmarkets: official market: Wien language: English

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Bildnachweis

1. Bohrmotor SBO (Bild: Schoeller-Bleckmann Oilfield Equipment AG, https://www.sbo.at/cms/cms.php?pageName=130 ) , (© Aussender)   >> Öffnen auf photaq.com

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