pta20190722044
Announcement according to article 2 of the Regulation (EC) 2016/1052

S&T AG: S&T AG resolves to on new buyback program II 2019 for own shares

Linz (pta044/22.07.2019/19:00 UTC+2) The Executive Board of S&T AG (www.snt.at), following the end of the buyback program 2019 (which lasted from 22 January 2019 until 22 July 2019), resolved on conducting a new buyback program for own shares by utilizing the authorization granted by the extraordinary shareholder meeting on 15 January 2019. The authorizing resolution was published via the company's electronic financial news service on 15 January 2019 and grants the permission to implement the buyback program II 2019 for own shares (Aktienrückkaufprogramm II 2019 - "buyback program II 2019") pursuant to § 65 paragraph 1 no 8 of the Stock Corporation Act (AktG).

The repurchase of shares under the buyback program II 2019 will be managed by a credit institution. The volume amounts to up to 2.000.000 shares and the buyback program II 2019 is planned to commence on 25 July 2019 (terms outlined below).
Details on the buyback program II 2019 will be published on the company's website under: https://ir.snt.at/Share_buyback_program_II_2019.en.html

Terms of the buyback programme II 2019

Date of the granted authorization by the shareholder meeting pursuant to § 65 paragraph 1 no 8 of the Stock Corporation Act (AktG): 15 January 2019 (published on 15 January 2019)

Start and provisional duration: on or about 25 July 2019 until 27 December 2019 at the latest
Type of securities: bearer shares (ISIN AT0000A0E9W5)
Intended volume: up to 2.000.000 shares, representing approx. 3% of the current share capital of S&T AG
Maximum amount to be utilized by S&T AG under the buyback program II 2019: EUR 30.000.000,--
Price limits (highest price and lowest price per share): the price must not exceed the threshold of 10% higher or lower than the average share price of the last 5 trading days prior to the purchase of shares. The relevant share price is the average closing price of S&T AG shares in XETRA trading (or any equivalent successor system) on the Frankfurt Stock Exchange.

- Price cap (cumulative):
(i) Purchase price range not above 10% of the average price of the last 5 trading days in XETRA trading (according to the authorization by the general assembly)
(ii) EUR 20,00
- Lowest price (cumulative):
(i) Purchase price range not under 10% of the average price in the last 5 trading days in XETRA trading (according to the authorization by the general assembly);
(ii) At least EUR 1,00 per share (proportionate amount of the share capital).
Type of repurchase: Via the stock exchange
Reason for the repurchase: Utilization of own shares for all purposes under applicable laws and in accordance with the authorization granted by the extraordinary shareholder meeting on 15 January 2019.

Effects of the buyback program II 2019 on the admission of the shares to listing on the stock exchange: not applicable
The repurchase of shares is being processed by a credit institution that resolves upon the purchase timing independently from the company and will conduct the share buyback in accordance with the provisions set forth in article 3 of the Delegated Regulation (EU) 2016/1052 as of 8 March 2016.

Important notice: Details on transactions made under the share buyback II 2019 as well as amendments, if any, will be published on the company's website under: https://ir.snt.at/Share_buyback_program_II_2019.en.html
This publication is no public offer for the purchase of securities of S&T AG and does not impose any obligations for the company or any of its subsidiaries to accept any offers to repurchase S&T AG shares.

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Emitter: S&T AG
Industriezeile 35
4021 Linz
Austria
Contact Person: Alexandra Habekost, Head of Investor Relations
Phone: +49 (0) 821 4086 114
E-Mail: alexandra.habekost@snt.at
Website: www.snt.at
ISIN(s): AT0000A0E9W5 (Share)
Stock Exchange(s): Regulated Market in Frankfurt
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