Wienerberger plans share buyback
November 21, 2018
Buyback of up to 1,175,268 shares or 1% of Wienerberger’s share capital planned
Based on the authorization granted by the 149th Annual General Meeting on June 14, 2018 pursuant to sect.65, para.1(8) of the Stock Corporation Act and published on June 14, 2018 via an electronically operated information dissemination system, the Managing Board of Wienerberger AG decided today to buy back own ordinary bearer shares of the Company at the market price via the Vienna Stock Exchange during the period from 26/11/2018 to presumably 31/01/2019. A total of up to 1,175,268 shares, corresponding to 1% of the share capital, can be bought back at a price of between € 1.00 and € 44.12. Moreover, it was decided to withdraw all shares acquired within the framework of this buyback program after its completion in accordance with the resolution adopted by the Annual General Meeting on June 14, 2018.
Exane BNP Paribas has been mandated to execute the share buyback. Exane BNP Paribas has to decide on the timing of the buyback of Wienerberger AG shares independently of Wienerberger AG and comply with the conditions for trading laid down in Article 3 of the Commission Delegated Regulation (EU) 2016/1052 of 08/03/2016.
Note pursuant to sect. 5 para. 4 of the 2018 Publication Regulation: (i) The details on the transactions performed within the framework of the buyback program to be disclosed pursuant to sect. 7 of the 2018 Publication Regulation as well as (ii) any modifications of the buyback program to be disclosed pursuant to sect. 6 of the 2018 Publication Regulation are published on the website of Wienerberger AG. This publication also serves as publication pursuant to sections 4 and 5 of the 2018 Publication Regulation. In particular, it neither constitutes a public offering for the purchase of Wienerberger shares, nor does it create an obligation for Wienerberger AG or any of its subsidiaries to accept offers for the buyback of Wienerberger shares.