Erste Group Bank AG
Erste Group Bank AG: Other admission duties to follow
Erste Group Bank AG / Release according to Article 82 Section 9 BörseG 16.05.2011 17:41 Dissemination of a Post-admission Duties announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Authorization to acquire own shares for no designated purpose and to dispose of those shares by other means than via the stock exchange or a public offering The 18th Annual General Meeting of Erste Group Bank AG, 1010 Vienna, Graben 21, held on 12th May 2011, passed following RESOLUTION regarding item 7 on the agenda: The Management Board shall be authorised to purchase own shares pursuant to sec 65 para 1 (8) Stock Corporation Act (Aktiengesetz), subject to the approval of the Supervisory Board, provided that the amount of shares which are purchased pursuant to this authorisation and pursuant to sec 65 para 1 (1), (4) and (7) Stock Corporation Act (Aktiengesetz) does not exceed 10 % of the share capital. The consideration for each share must not be less than EUR 2 and must not exceed EUR 120. Own shares which have been acquired hereunder may be disposed of with the approval of the Supervisory Board for the purpose of issuing shares as consideration for the acquisition as well as the financing of the acquisition of enterprises, businesses, business divisions or shares in one or more companies, in Austria or abroad, thus by other means than via the stock exchange or a public offering. The Management Board is also authorised to redeem own shares without any further approval of the general meeting. This authorisation shall be valid for 30 months, thus until 11 November 2013, and replaces the authorisation to acquire own shares pursuant to sec 65 para 1 (8) Stock Corporation Act (Aktiengesetz) granted in the 16th ordinary general meeting of Erste Group Bank AG. Authorization to acquire own participation certificates for no designated purpose and to dispose of those certificates by other means than via the stock exchange or a public offering The 18th Annual General Meeting of Erste Group Bank AG, 1010 Vienna, Graben 21, held on 12th May 2011, passed following RESOLUTION regarding item 9 on the agenda: The Management Board shall be authorised to purchase own participation certificates pursuant to sec 23 para 16 Banking Act (Bankwesengesetz) in connection with sec 65 para 1 (8) Stock Corporation Act (Aktiengesetz), subject to the approval of the Supervisory Board, provided that the amount of participation certificates which are purchased pursuant to this authorisation and pursuant to sec 65 para 1 (1), (4) and (7) Stock Corporation Act (Aktiengesetz) does not exceed 10 % of the issued participation capital. The consideration for each participation certificate must not be less than EUR 100 and must not exceed EUR 5,000. Own participation certificates which have been acquired hereunder may be disposed of by other means than via the stock exchange or a public offering. This authorisation shall be valid for 30 months, thus until 11 November 2013, and replaces the authorisation to acquire own participation certificates pursuant to sec 23 para 16 Banking Act (Bankwesengesetz) in connection with sec 65 para 1 (8) Stock Corporation Act (Aktiengesetz) granted in the 16th ordinary general meeting of Erste Group Bank AG. 16.05.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Erste Group Bank AG Graben 21 1010 Wien Österreich Internet: www.erstegroup.com End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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