EQS-AGM: Publication of the resolution of the Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe on the redemption of treasury shares

EQS-News: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe /
   Announcement of the Results of the General Meeting
   Publication of the resolution of the Annual General Meeting of VIENNA
   INSURANCE GROUP AG Wiener Versicherung Gruppe on the redemption of
   treasury shares

   26.05.2023 / 17:50 CET/CEST
   Announcement of the Results of the General Meeting, transmitted by EQS
   News - a service of EQS Group AG.
   The issuer is solely responsible for the content of this announcement.

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   Translation from German original - in case of doubt the German version
   prevails

   Publication of the resolution of the Annual General Meeting of VIENNA
   INSURANCE GROUP AG Wiener Versicherung Gruppe on the redemption of
   treasury shares pursuant to Section 65 (1) No. 8 and (1a) and (1b) of the
   Austrian Stock Corporation Act [Aktiengesetz/AktG] and on the sale of
   treasury shares in a way other than via the stock exchange or a public
   offering (Section 65 (1b) AktG)

   Publication pursuant to Section 119 (9) of the Austrian Stock Exchange Act
   2018 [Börsegesetz/BörseG 2018] in conjunction with Sections 2 and 3 of the
   Publication Regulation 2018 [Veröffentlichungsverordnung/
   VeröffentlichungsV 2018]

   The Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener
   Versicherung Gruppe, Schottenring 30, 1010 Vienna, FN [Company Register
   No.] 75687 f, of 26 May 2023 has passed the following resolution, which is
   hereby published pursuant to Section 65 (1a) AktG in conjunction with
   Section 119 (9) BörseG 2018 and pursuant to Sections 2 and 3
   VeröffentlichungsV 2018:

   The authorisation of the Managing Board pursuant to Section 65 (1) no. 8
   and (1a) and (1b) AktG as resolved by the 30th Annual General Meeting on
   21 May 2021 to acquire treasury shares and resell these treasury shares
   shall be revoked and replaced by the following new authorisation:

   The Managing Board is authorised pursuant to Section 65 (1) no. 8 and (1a)
   and (1b) AktG to acquire treasury ordinary bearer shares to the maximum
   extent permitted by law during a term of thirty (30) months from the day
   of the resolution of the Annual General Meeting. The equivalent to be paid
   upon redemption must not be lower than a maximum of 50% below and not
   higher than a maximum of 10% above the unweighted average closing price on
   the Vienna Stock Exchange of the ten trading days preceding redemption. At
   the Managing Board’s option the shares may be acquired via the stock
   exchange or a public offering or in any other expedient manner that is
   permitted by law. In the event of a redemption via a public offer the
   cut-off date for the end of the calculation period is the day on which the
   intention to make a public offer is announced (Section 5 (2) and (3)
   Takeover Act [Übernahmegesetz/ÜbG]).

   The Managing Board is further entitled for a period of five (5) years from
   date of the resolution, with exclusion of the shareholders’ subscription
   rights

    a. to use the acquired treasury shares for the purpose of servicing
       convertible bonds issued on the basis of the resolution of the Annual
       General Meeting of 21 May 2021; and

    b. to sell them in a manner permitted by law other than via the stock
       exchange or by means of a public offer.

    

   Vienna, May 2023

    

   The Managing Board

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   26.05.2023 CET/CEST

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   Language: English
   Company:  VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
             Schottenring 30
             1010 Vienna
             Austria
   Phone:    +43(0)50 390-22000
   Fax:      +43(0)50 390 99-22000
   E-mail:   [email protected]
   Internet: www.vig.com
   ISIN:     AT0000908504
   WKN:      A0ET17
   Listed:   Vienna Stock Exchange (Official Market)


    
   End of News EQS News Service


   1643473  26.05.2023 CET/CEST

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