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DGAP-News News vom 05.05.2017

EVN AG: EVN plans to release treasury shares to employees

DGAP-News: EVN AG / Key word(s): Corporate Action

05.05.2017 / 17:48
The issuer is solely responsible for the content of this announcement.

On 5 May 2017 the Executive Board of EVN AG approved the distribution of up to 255,000 treasury shares to employees of the company and certain subsidiaries during the third calendar quarter of 2017. These shares will be granted to employees who are entitled by a company agreement to receive a special payment and who make use of this benefit as well as a group of employees in the power plant business as a bonus for special services. EVN AG does not have a stock option programme at the present time.

The treasury shares to be transferred to employees represent ordinary zero-par value bearer shares of EVN AG. The transfer of these treasury shares to employees will have no effect on the listing of the issuer's shares.

Based on previous share buyback programmes, EVN currently holds 2,036,069 treasury shares which represent 1.1% of share capital.


05.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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