EQS-News

AUSTRIACARD HOLDINGS AG:

EQS-News: AUSTRIACARD HOLDINGS AG / Key word(s): Miscellaneous/Miscellaneous AUSTRIACARD HOLDINGS AG: 30.06.2023 / 17:33 CET/CEST The issuer is solely responsible for the content of this announcement.

Vienna, 30 June 2023

 

AUSTRIACARD HOLDINGS AG: RESOLUTION OF THE ANNUAL GENERAL MEETING HELD ON 30 JUNE 2023 ON THE AUTHORIZATION TO AQUIRE OWN SHARES PURSUANT TO SEC 65 PARA 1 NO 4 AND 8 AS WELL AS PARA 1A AND 1B OF AUSTRIAN STOCK CORPORATION ACT (AKTG)

Public disclosure of the resolution of the annual general meeting held on 30 June 2023 on the authorization to acquire own shares pursuant to Sec 119 para 9 of the Austrian Stock Exchange Act (BörseG) and 4.1.3.14. of ATHEX Rulebook

At the annual general meeting of AUSTRIACARD HOLDINGS AG held on 30 June 2023, the following resolution regarding the acquisition of own shares was adopted under agenda item 7:

„a. The management board shall be authorized for a period of 30 months from the date of today's resolution in accordance with Sec 65 para 1 no 4 and 8 and para 1a and 1b AktG to acquire own shares of the Company.

The consideration to be paid per share when acquiring shares must not be lower than EUR 1.00 (i.e., the calculated proportion of the share capital per share) and must not be more than 20% above the volume-weighted average price of the last 20 trading days preceding the respective purchase. The management board is authorized to determine the terms of reacquisition. Trading in own shares is excluded as a purpose for purchase.

The management board may exercise this authorization within the statutory limits on the maximum number of own shares either once or on several occasions up to 10% of the share capital, provided that the percentage amount of the share capital of the Company relating to shares held by the Company on account of this authorization or otherwise does not exceed 10% of the share capital at any time. Repeated exercise of this authorization is permissible. Also, it may be exercised for one or several purposes by the Company, by a subsidiary (Sec 189a no 7 Austrian Commercial Code) or by third parties acting on behalf of the Company.