EQS-Ad-hoc: voestalpine AG / Key word(s): Share Buyback
voestalpine AG: voestalpine AG resolves on share buyback program; buyback
of up to 10,000,000 shares corresponding to approx. 5.6 % of voestalpine
AG’s share capital planned

03-Nov-2022 / 11:24 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, 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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The Management Board of voestalpine AG today resolved to make use of the
authorization to buy back shares granted at the Annual General Meeting on
7 July, 2021 and has decided on the following buyback program. This
resolution and the buyback program are hereby published pursuant to
section 65 para. 1a of the Stock Corporation Act in conjunction with
section 119 para. 9 of the Stock Exchange Act 2018 and pursuant to
sections 4 and 5 of the Publication Ordinance 2018
(Veröffentlichungsverordnung 2018):

• The date of the authorization resolution by the Annual General Meeting
is 7 July, 2021.
• The resolution of the Annual General Meeting was published on the
company's website on 7 July, 2021.
• Start of buyback program: 10 November, 2022; expected duration until
10 July, 2023.
• The buyback program relates to the ordinary bearer shares of
voestalpine AG.
• It is intended to buy back up to 10,000,000 ordinary shares of
voestalpine AG, corresponding to approximately 5.6% of the total share
capital.
• The lowest consideration to be paid at the time of the buyback may not
be more than 20% below, and the highest consideration to be paid at
the time of the buyback may not be more than 10% above, the average
closing price of the last three trading days prior to the acquisition
of the shares.
• The shares will be bought back exclusively via the stock exchange and
multilateral trading facilities.
• It is intended to use the shares bought back in accordance with the
authorization resolution of the Annual General Meeting of 7 July,
2021.
• Possible effects on the stock exchange listing: None
• Notice pursuant to section 5 para. 4 of the Publication Ordinance 2018
(Veröffentlichungsverordnung 2018): voestalpine AG intends to fulfill
the publication obligations pursuant to sections 6 and 7 of the
Publication Ordinance 2018 on the Internet via the Company's website
([1] www.voestalpine.com à Investors).

A credit institution will be mandated to carry out the share buyback. The
credit institution has to make its decision on the timing of the
acquisition of shares of voestalpine AG independently and without
influence and has to comply with the trading conditions set out in Art 3
of the Commission Delegated Regulation (EU) 2016/1052 of 8 March, 2016.

In particular, this publication does not constitute a public offer to
purchase voestalpine shares and does not create any obligation on the part
of voestalpine AG or any of its subsidiaries to accept offers for the
buyback of voestalpine shares.

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03-Nov-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: voestalpine AG
voestalpine-Straße 1
4020 Linz
Austria
Phone: +43 50304/15-9949
Fax: +43 50304/55-5581
E-mail: IR@voestalpine.com
Internet: www.voestalpine.com
ISIN: AT0000937503
WKN: 897200
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1477675

 
End of Announcement EQS News Service

1477675  03-Nov-2022 CET/CEST

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