PTA-DD: OMV Aktiengesellschaft: Managers' transactions announcement according to article 19 MAR

4/1, 2:00 PM (Source: pressetext)

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Vienna (pta040/01.04.2022/14:00) - Announcement

Managers' transactions announcement according to article 19 MAR

Vienna (pta040/01.04.2022/14:00) - 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
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
address: Trabrennstraße 6-8, 1020 Wien
country: Austria
contact person: Thomas Hölzl
phone: +43 1 40440/23760
e-mail: compliance@omv.com
website: www.omv.com

ISIN(s): AT0000743059 (share)
stock exchanges: official trade in Vienna

[ source: http://www.pressetext.com/news/20220401040 ]