voestalpine AG

EANS-Adhoc: voestalpine AG /voestalpine resolves to increase registered capital by 2% in order to further expand employee shareholding scheme

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this

Subject to the approval of the Supervisory Board, voestalpine AG's Management
Board resolved on September 12, 2012 to exercise its power to increase the
Company's registered capital in accordance with § 4 (2)  of its Articles of
Association by issuing 3,400,000 new bearer shares at no par value, thus
increasing the registered capital by approximately 2%. The issue price was fixed
at EUR 23.51 per share. The issue price of the shares corresponds to the closing
average market price of the voestalpine share over the 10 trading days prior to
the resolution of Management Board adopted on September 12, 2012.
The purpose of issuing the new shares is to further expand and safeguard
voestalpine's employee shareholding scheme. The subscription rights of all other
shareholders are thus being excluded, and shares may be acquired only by
voestalpine Mitarbeiterbeteiligung Privatstiftung, which shall hold the shares
in trust for the employees participating in the voestalpine employee
shareholding scheme.
Upon completion of the capital increase, the company's capital stock will be EUR
313,309,235.65 and consist of 172,449,163 individual shares. The capital
increase is scheduled to take place until the end of October 2012.
As early as 2000, voestalpine has launched an employee shareholding scheme which
has subsequently been expanded continually. Currently voestalpine
Mitarbeiterbeteiligung Privatstiftung held 11.84% of voestalpine AG's capital.
Additionally, voestalpine Mitarbeiterbeteiligung Privatstiftung manages
approximately 1% of private shares of present and former employees. With the
capital increase this share will rise to 13.57% (plus approximately 1% of
private shares). 

This ad-hoc notice constitutes neither an offer for sale nor an invitation to
submit an offer to purchase voestalpine AG securities. As the new shares are not
being offered for public subscription but rather are being offered for
subscription exclusively to the voestalpine Mitarbeiterbeteiligung
Privatstiftung holding the shares in trust for the employees participating in
the voestalpine shareholding scheme, and as the increase in capital stock
amounts to less than 10% of all issued and listed voestalpine shares, no
prospectus is required to be issued pursuant to the Austrian Capital Market Act
[Kapitalmarktgesetz] or the Austrian Stock Exchange Act [Börsegesetz].

Further details as to the publication, particularly the report of voestalpine
AG's Management Board concerning the exclusion of the subscription rights, is
available on www.voestalpine.com under Investors or please contact the Investor
Relations Team of voestalpine AG under +43/50304/15-9949 for any further

Further inquiry note:
DI (FH) Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax:  +43/50304/55-5581

end of announcement                               euro adhoc 

issuer:      voestalpine AG
             voestalpine-Straße  1
             A-4020 Linz
phone:       +43 50304/15-9949
FAX:         +43 50304/55-5581
mail:     IR@voestalpine.com
WWW:      www.voestalpine.com
sector:      Metal Goods & Engineering
ISIN:        AT0000937503
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Weitere Meldungen: voestalpine AG

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