POLYTEC HOLDING AG: Authorisation treasury shares

Hörsching (pta046/13.05.2019/17:45 UTC+2) .
Announcement of the resolution of the 19th Annual General Meeting regarding the authorisation of the Board of Directors to acquire treasury shares:

By resolution of the 19th Annual General Meeting, held on 10 May 2019, the Board of Directors was authorised, pursuant to § 65 (1) 8 of the Austrian Stock Corporation Act (AktG), to buy back treasury bearer shares with no par value in an amount of up to 10% of the share capital during a period of 30 months following the day of the resolution by the Annual General Meeting for a minimum price per share of EUR 1.00 and a maximum price per share that may not exceed 10% of the average unweighted stock exchange closing price on the five stock exchange trading days preceding the buy-back. The purchase of treasury shares may occur via the stock exchange, by means of a public offering or in any other legally permissible manner and for any purpose permitted by law. The Board of Directors shall be further authorised to withdraw the acquired treasury shares without any further resolution by the Annual General Meeting. The Supervisory Board shall be authorised to resolve upon amendments of the Articles of Association required upon the withdrawal of shares.

Hörsching, May 2019
The Board of Directors

This document is published in German and in a non-binding English convenience translation.

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Emitter:	POLYTEC HOLDING AG Polytec-Straße 1 4063 Hörsching Austria
Contact Person:	Mag. Paul Rettenbacher
Phone:	+43 7221 701 292
E-Mail:	paul.rettenbacher@polytec-group.com
Website:	www.polytec-group.com
ISIN(s):	AT0000A00XX9 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)