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Announcement in accordance with § 82 Para 9 of the Austrian Stock
in connection with § 95 Para 6 of the Austrian Stock Corporation
The strategy of Wienerberger AG includes the implementation of stock
option plans for management in order to systematically direct
corporate policies toward the value of the Company and also
strengthen the identification of managers with the Company. These
value-based incentive systems are designed to improve management's
focus on budgeting and goals as well as to strengthen joint
responsibility and the identification of management with the
interests of shareholders.
Therefore, the Managing Board will ask the Supervisory Board
(Personnel and Nominating Committee) to approve a stock option plan
for key managers in the Wienerberger Group for the 2009 Business
Year. The Supervisory Board (Personnel and Nominating Committee)
intends to grant stock options to the members of the Managing Board
for the 2009 Business Year. The Supervisory Board (Personnel and
Nominating Committee) is scheduled to approve the 2009 stock option
plan for key managers and the granting of stock options to members of
the Managing Board for 2009 on March 16th, 2009.
The 2009 stock option plan for key managers and the 2009 stock option
plan for the members of the Managing Board are based on the following
Non-transferable options for shares in Wienerberger AG will be
granted to eligible participants, whereby the legal right to the
granting of additional options in future years will be excluded. The
shares required for the options will be provided either from treasury
stock purchased as part of a share buyback program or from authorized
Level 1 Members of the Managing Board
Level 2 Key managers of Wienerberger AG and
key managers of subsidiaries with a
direct influence on corporate policies
and special responsibility as approved
by the Managing Board
Number of options:
Level 1 up to 63,000 options for the entire
Level 2a up to 5,000 options for each defined
Level 2b up to 3,000 options for each defined
Level 2 totaling: up to 271,000 options
Granting of options:
The options will be granted during the first four months of each year
under the condition of reaching at least 95 % of the budgeted target
2009 for profit after tax (before the share due to minority interests
and after the deduction of interest expense on the hybrid bond(s) or
any similar financing instruments).
Term of options:
5 years from the date of granting.
The average of all daily closing prices over a period of 30 days
beginning on the date preliminary Group results are announced for the
business year prior to the year in which the options were granted.
Within four weeks
* after the eighth calendar day following the annual general
meeting of Wienerberger AG for the past business year
* after the date on which quarterly results are announced for the
second and third quarters of the current business year.
Waiting period/earliest exercise date:
The earliest possible exercise date is the first exercise window that
appears two years after the options are granted.
A retention period of two years applies to one-third of the shares
purchased with the options.
Information on the stock options granted to management during the
period from 2002 to 2008 is provided in the relevant annual reports.
For additional information contact:
Karin Hofmann, Public Relations
T +43(1)60192-463 | firstname.lastname@example.org
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Wienerbergstraße 11 Vienna Austria
ISIN: AT0000831706; Index: WBI, ATX , ATX Prime;
Listed: Prime Market in Wiener Boerse AG;