pta20240402030
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 (pta030/02.04.2024/12:30 UTC+2) - Announcement
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
|---|---|---|
| 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 | ISIN AT0000743059 | |
| b) | Nature of the transaction | Conditional transaction |
| c) | Price(s) | Volume(s) |
| 40.37 | 11,541 | |
| d) | Aggregated price | Aggregated volume |
| 40.37 | 11,541 | |
| e) | Date of the transaction | 31.03.2024 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 year performance period starting with 2021 until 2023 (Long Term Incentive Plan - "LTIP 2021"). 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, 2021 to March 31, 2021, 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 2021, as authorized by the Supervisory Board, amounts to 11,541 shares. According to the share plan, vesting date for the shares is March 31, 2024. 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 2021. Payment is made in cash in accordance with the share plan. Calculation basis of the cash payment is OMV’s average share price (= average of closing prices at the Vienna Stock Exchange) over the three-month period January 1, 2024 – March 31, 2024. | ||
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| Emitter: |
OMV Aktiengesellschaft Trabrennstraße 6-8 1020 Wien Austria |
|
|---|---|---|
| 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) |