Intercell AG

EANS-Adhoc: Publication pursuant to Sections 4 and 5 of the Publication Ordinance 2002 INTERCELL AG, ISIN: AT0000612601

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Since 2002, the shareholders meeting of Intercell AG has issued stock options on a regular basis to members of the management board, the supervisory board and employees. According to section 98 para 3 and section 159 para 2 lit 3 of the Austrian stock corporation act, the management board has published a report on the option grant. In connection with the exercise of stock options during the last exercise window in June/July 2010 the Company intends to use own shares held as treasury stock, in addition to new shares issued from conditional capital.´

Therefore, the Management Board of Intercell AG has resolved on July 16, 2010 in accordance with the Supervisory Board, to transfer own shares held as treasury stock, which have been acquired according to the resolutions of the Shareholders Meetings held on May 24, 2002, on July 14, 2003 and on June 1, 2004 to members of the management board, the supervisory board and employees of Intercell AG in connection with the exercise of stock options.

Based on the above mentioned resolutions of the Shareholders Meetings, in which the authorizations to re-purchase own shares were approved according to Section 65 para 1 lit 4 of the Austrian stock corporations act, Intercell AG herewith informs about the upcoming transfer of up to 150,000 own shares of common stock with no par value, corresponding to up to 0.31 percent of the share capital of Intercell AG, to members of the management board, the supervisory board and employees of Intercell AG between July 23, 2010 and August 31, 2010. The transfer shall be conducted over-the-counter at a sales price equivalent to the exercise price of the stock options ranging from EUR 3.99 to EUR 11.43 per share. The transfer shall not affect the admission of shares of Intercell AG at the Vienna Stock exchange.

Until now, the following numbers of stock options have been granted to members of the Supervisory Board, members of the Management Board, executive employees and other employees (excluding options that have been cancelled):

Beneficiaries                                          Number of options

Members of the Supervisory Board
  Michel Gréco                                                          51,250
  Ernst Afting                                                          51,250
  David Ebsworth                                                        45,000
  James R. Sulat                                                        47,500
  Hans Wigzell                                                          45,000
  Mustapha Leavenworth Bakali                                  50,000

Members of the Management Board
  Gerd Zettlmeissl                                                  475,000
  Thomas Lingelbach                                                 350,000
  Reinhard Kandera                                                  187,000

Executive employees                                              1,002,400
Other employees                                                        246,850
Employees of subsidiaries                                        818,687

Total                                                                    3,369,937

According to Section 7 para 2 in connection with Section 5 para 4 of the Publication Ordenance 2002 Intercell AG informs, that the disclosure obligation according to Section 7 of the Publication Ordenance 2002 (completion of the transfer) shall be effected via the internet. The information according to Section 7 of the Publication Ordenance 2002 shall be posted on the webpage of Intercell AG under


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ots Originaltext: Intercell AG
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Further inquiry note:
Intercell AG
Gerald Strohmaier
Global Head Corporate Finance & Investor Relations
Tel. +43 1 20620-1229

Branche: Biotechnology
ISIN:      AT0000612601
WKN:        A0D8HW
Index:    ATX Prime, ATX
Börsen:  Wien / official market

Weitere Meldungen: Intercell AG

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