On 13 May 2016 EVN AG announced the reclassification of up to 306,000 treasury shares for transfer to the employees of the company and specified subsidiaries during the third calendar quarter.
A total of 133,050 shares, representing 0.07% of the current share capital of EVN AG, were transferred to employees on 4 August 2016. The issue of shares to employees was concluded and terminated with this transfer. The transferred treasury shares are ordinary zero-par value bearer shares of EVN AG. The equivalent value per share represents (i) 90% of the average daily closing prices in calendar weeks 27 to 30 in 2016 (average price in calendar weeks 27 to 30: EUR 10.263) for 129,450 transferred shares and (ii) the daily closing price on 4 August 2016 (closing price: EUR 10.400) for 3,600 transferred shares.
EVN AG now holds 2,036,069 treasury shares, which together represent 1.13% of the company's share capital.
2016-08-04 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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