pta20220401040
Managers' transactions announcement according to article 19 MAR
Managers' transactions announcement according to article 19 MAR
OMV Aktiengesellschaft: Managers' transactions announcement according to article 19 MAR
Vienna (pta040/01.04.2022/14:00 UTC+2) - Announcement
1 | Details of the person discharging managerial responsibilities/person closely associated | |
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a) | Name | Reinhard Florey |
2 | Reason for the notification | |
a) | Position/status | Member of the Executive Board |
b) | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | OMV Aktiengesellschaft |
b) | LEI | 549300V62YJ9HTLRI486 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Share |
Identification code | AT0000743059 | |
b) | Nature of the transaction | Conditional transaction |
c) | Price(s) | Volume(s) |
EUR 0 | 14.070 Stück/Units | |
d) | Aggregated price | Aggregated volume |
EUR 0 | 14.070 Stück/Units | |
e) | Date of the transaction | 31.03.2022 UTC+2 |
f) | Place of the transaction | Outside a trading venue |
5 | Explanation | |
The shares to be transferred come from a performance share plan for Executive Board members and selected senior managers of OMV group companies with a three years performance period starting with 2019 until 2021 (Long Term Incentive Plan - "LTIP 2019"). The share grant level is determined on the basis of a value defined in the service agreement of the executive board member (Target Long Term Incentive), OMV's average share price during the calculation period January 1, 2019 to March 31, 2019, and the achieved performance criteria as determined by the Supervisory Board of OMV. The concrete share grant for the Member of the Executive Board under the LTIP 2019, as authorized by the Supervisory Board, amounts to 14,070 shares. According to the share plan, vesting date for the shares is March 31, 2022. According to the share plan, the Executive Board member could opt for a payment in shares or in cash at the latest by the third quarter of 2019. The Member of the Executive Board did make use of this option and chose payment in shares. According to the share plan the transfer of the shares is to be executed on the next business day after the vesting date. The shares to be transferred constitute treasury shares of OMV Aktiengesellschaft. |
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Emitter: |
OMV Aktiengesellschaft Trabrennstraße 6-8 1020 Wien Austria |
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Contact Person: | Thomas Hölzl | |
Phone: | +43 1 40440/23760 | |
E-Mail: | compliance@omv.com | |
Website: | www.omv.com | |
ISIN(s): | AT0000743059 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade) |