IPIC increased shareholding in OMV to 20.0%

OMV Aktiengesellschaft received a notification pursuant to § 91 of the Austrian Stock Exchange Act concerning a change effective as of December 30, 2009 in the number of OMV shares owned by International Petroleum Investment Company (IPIC) from Abu Dhabi. IPIC now owns 60,050,273 shares (increase from 19.6% to 20.0% of the registered capital).

A consortium agreement concluded by OMV’s two core shareholders Österreichische Industrieholding AG (ÖIAG) representing the Austrian state and IPIC provides for their coordinated behavior and for restrictions on shareholdings.

ÖIAG and IPIC now hold 154,550,263 shares (51.5% of the registered capital). The registered capital of OMV consists of 300,000,000 shares whereof 1,219,695 treasury shares held by OMV are not entitled to vote thus resulting in a total of 298,780,305 voting rights. Other than treasury shares one share equals one voting right. Therefore 154,550,263 shares/voting rights represent 51.7% of all voting rights.

OMV Aktiengesellschaft
With Group sales of EUR 25.54 bn and a workforce of 41,282 employees in 2008, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. As the leading energy group in the European growth belt, OMV is active in Refining & Marketing (R&M) in 13 countries. In Exploration & Production (E&P) OMV is active in 17 countries on four continents. In Gas & Power (G&P) OMV sells approximately 13 bcm gas per year. Via Baumgarten, one of the most important turntables for gas in Europe, approximately 66 bcm gas is transported annually. OMV’s Central European Gas Hub is amongst the three largest hubs in Continental Europe.

OMV is the leading energy group in the European growth belt with oil and gas reserves of approximately. 1.2 bn boe, daily production of around 313,000 boe in 9m/09 and an annual refining capacity of approximately 26 mn t. OMV now has 2,469 filling stations as of 9m/09 in 13 countries. The market share of the group in the R&M business segment in the Danube Region is now 20%.

OMV further strengthened its leading position in the European growth belt through the acquisition of 41.58% of Petrol Ofisi, Turkey’s leading company in the retail and commercial business.
 

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