In course of the 21st annual general meeting of S&T AG held on 16 June 2020, the S&T AG shareholders resolved on the issue of up to 2,000,000 Warrants (Aktienoptionsscheine) by S&T AG. In aggregate 1,500,000 of the Warrants are allocated to four Management Board members, being Hannes Niederhauser, Richard Neuwirth, Michael Jeske and Peter Sturz, and Mr. Michael Riegert. The remaining 500,000 Warrants will be publicly offered in the Offering to selected S&T key employees for subscription against the issue price per Warrant, depending on the respective employee's span of responsibility and performance, including a minimum subscription amount and a maximum allocation depending on their respective contribution to S&T Group in total. The Offering is made on the basis of a prospectus approved by the Austrian Financial Market Authority on 13 July 2020 and published on this website in accordance with applicable law (the "Prospectus" is available here).
13 July 2020
Notifications Stock warrants 2020
23.07.2020 – Deadline for receipt of purchase orders
24.07.2020 – Allocation of 420,665 offered warrants to eligible employees of S&T AG based on their purchase orders as well as rump allocation of 79,335 offered warrants to eligible employees and the Executive Board of S&T AG.
01.06.2023 – Adjustment of Strike Price, Warrant Ratio, Barrier and Dividend Thresholds for the Relevant Financial Years pursuant to §7(a)(i)(B) of the terms and conditions of the warrants.
Key Information Document