Announcement according to article 119 section 9 BörseG
Vienna, Austria (pta035/27.06.2025/13:06 UTC+2)
On 2 May 2025, Frequentis AG ("Company") announced in accordance with Section 5 Para 1 of the Austrian Publication Regulation 2018 (Veröffentlichungsverordnung 2018) in conjunction with Section 119 Para 9 and Para 7 of the Austrian Stock Exchange Act (BörseG) that it would transfer 7,448 treasury shares to the Chairman of the Executive Board of the Company within the scope of the Long Term Incentive Plan 2022 ("LTIP2022") which was approved by resolution of the General Meeting of Frequentis AG on 2 June 2022.
The number of shares stated in the publication of 2 May 2025 was based on a calculation error. If calculated in a correct way, 6,657 treasury shares (this number is calculated after deduction of taxes, the gross number of shares before taxes was 14,400) are to be transferred to the Chairman of the Executive Board under the LTIP2022. The 791 shares erroneously transferred in excess to the Chairman of the Executive Board under the LTIP2022 were returned by him to the company on 26 June 2025.
In correction of the publication of 2 May 2025, the company therefore announces the following (corrected) information in accordance with Section 5 Para 2 of the Austrian Publication Regulation 2018 (Veröffentlichungsverordnung 2018) in conjunction with Section 119 Para 9 of the Austrian Stock Exchange Act (BörseG):
The number of transferred shares will be published on the Company's website under www.frequentis.com > Investor Relations > Share > Disposal of Own Shares 2025 after the transfer pursuant to Section 7 of the Austrian Publication Regulation 2018 (Veröffentlichungsverordnung 2018).
Modifications to the intended disposal of own shares (Section 6 of the Austrian Publication Regulation 2018 (Veröffentlichungsverordnung 2018)) as well as the publication of the transactions carried out in connection with the transfer of own shares (Section 7 of the Austrian Publication Regulation 2018 (Veröffentlichungsverordnung 2018)) will exclusively be announced in the internet on the Company's website under www.frequentis.com > Investor Relations > Share > Disposal of Own Shares 2025.
About FREQUENTIS
Frequentis stands for a safer world. Our solutions are used in our customers' command and control centres to help them make the world safer.
Frequentis is a world leader in high-tech solutions for Air Traffic Management, supporting both civil and military air traffic control organisations, as well as Public Safety and Transport, where police, emergency rescue services, fire brigades, railways, coastguards, and port authorities rely on our extensive portfolio.
The listed family business based in Vienna, Austria, drives innovative and sustainable solutions for safety and security in everyday life and in the safety-critical sector. Its air traffic optimisation solutions for air traffic control centres are contributing to reducing emissions.
As a global player with more than 2,400 employees (full-time equivalents/FTE), Frequentis has a worldwide network of companies in over 50 countries. Its products, services, and solutions are used in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2024, revenues were EUR 480.3 million and EBIT was EUR 32.1 million.
For more information, please visit www.frequentis.com
Barbara Fürchtegott, Head of Communications / Company Spokesperson
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631
Stefan Marin, Head of Investor Relations
stefan.marin@frequentis.com, +43 1 81150-1074
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Emitter: |
Frequentis AG Innovationsstraße 1 1100 Wien Austria |
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Contact Person: | Stefan Marin | |
Phone: | +431811501074 | |
E-Mail: | stefan.marin@frequentis.com | |
Website: | www.frequentis.com | |
ISIN(s): | ATFREQUENT09 (Share) | |
Stock Exchange(s): | Vienna Stock Exchange (Official Trade) | |
Other Stock Exchanges: | Regulierter Markt in Frankfurt |
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