EANS-Adhoc: Schoeller-Bleckmann Oilfield Equipment AG / Announcement of a resolution for the sale of treasury shares

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Buybacks
22.03.2018

Ternitz/Wien - In compliance with the resolution passed by the Annual General
Meeting on 27 April 2016, the Executive Board of SCHOELLER-BLECKMANN OILFIELD
EQUIPMENT Aktiengesellschaft ("SBO") with its seat in Ternitz has decided to
sell treasury shares over-the-counter.

The announcement of the intended sale of treasury shares, based on the above
mentioned resolution by the Executive Board of SBO, is made pursuant to Sec 4
and 5 Veröffentlichungsverordnung (Austrian Publication Directive).

All transactions carried out in course of such sale of treasury shares will be
published on the website at www.sbo.at [http://www.sbo.at] (Investor Relations -
Corporate Governance - Share Buyback/Sale).

The present announcement represents no offer for the acquisition of SBO shares
whatsoever.

Date of resolution by the Annual General
1. Meeting: 27 April 2016

Date and type of disclosure of the
resolution by the Annual General
Meeting:
On 27 April 2016 pursuant to Sec 2 and 3
Veröffentlichungsverordnung (Austrian
2. Publication Directive) in connection
with Sec 119 (7) BoerseG (Austrian Stock
Exchange Act) via an information system
with European-wide dissemination and on
the SBO website (www.sbo.at [http://
www.sbo.at]).

Begin and expected duration of the sale
3. of treasury shares:
From 28 March to 13 April 2018

Share category: Common bearer shares
4. with a par-value of each EUR 1 (ISIN:
AT0000946652).

Intended volume of treasury shares to be
sold, each in proportion to the entire
share capital: 6,000 shares representing
5. 0.0375 % of the share capital.
Allocation of shares in course of a
long-term remuneration program in an
over-the-counter transaction.

Highest and lowest value per share to be
received: None, because allocation in
6. course of a long-term remuneration
program.

Type and purpose of the sale of treasury
shares:
7. The treasury shares are allocated in
course of a long-term remuneration
program.

Possible effects of the share
reacquisition program on the admission
8. of the Company shares to official
trading on the stock exchange: None.

Amount and allocation of share options
to be granted or which have already been
granted to employees, senior managers
and individual board members: None.
9. Neither the Company nor its affiliated
companies currently have a share option
program in place in the sense of Sec 65
(1b) last sentence AktG (Austrian Stock
Corporation Act).

Ternitz, on 22 March 2018
The Executive Board

Further inquiry note:
Andreas Böcskör, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Tel: +43 2630/315 DW 252, Fax: DW 101
E-Mail: a.boecskoer@sbo.co.at

end of announcement euro adhoc
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issuer: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
ISIN: AT0000946652
indexes: ATX, WBI
stockmarkets: Wien
language: English

Original-Content von: Schoeller-Bleckmann Oilfield Equipment AG, übermittelt durch news aktuell