Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. Voestalpine AG
  6. News
  7. Summary
    VOE   AT0000937503

VOESTALPINE AG

(VOE)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 09/28 06:55:47 am
32.41 EUR   -0.52%
09/22VOESTALPINE : Our path to a green future
PU
09/20VOESTALPINE : increases its research budget in the current business year to EUR 185 million
PU
09/15METAL FORMING DIVISION : long live the loop
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

EANS-General Meeting : voestalpine AG / Invitation to the General Meeting according to art. 107 para. 3 Companies Act

06/09/2021 | 06:19am EDT
=------------------------------------------------------------------------------- 
  General meeting information transmitted by euro adhoc with the aim of a 
  Europe-wide distribution. The issuer is responsible for the content of this 
  announcement. 
=------------------------------------------------------------------------------- 
 
09.06.2021 
 
The German version of this invitation shall be binding. This English translation 
is for information purposes only. 
 
voestalpine AG 
Linz, FN 66209 t 
ISIN AT0000937503 
(the "Company") 
 
Invitation to the 29th Annual General Meeting of voestalpine AG 
on Wednesday, July 7, 2021, at 10:00 a.m., Vienna time 
 
The venue for the Annual General Meeting within the meaning of Sec. 106 no. 1 of 
the Austrian Stock Corporation Act, AktG, shall be at the premises of 
voestalpine Stahlwelt GmbH, 4020 Linz, voestalpine-Strasse 4 
 
I. TO BE HELD AS A VIRTUAL ANNUAL GENERAL MEETING 
 
1. Company Law COVID 19 Act (Gesellschaftsrechtliches COVID-19-Gesetz - COVID- 
19-GesG) and Company Law COVID 19 Regulation (Gesellschaftsrechtliche COVID-19- 
Verordnung - COVID-19-GesV) 
The Management Board decided to utilize the legal provisions authorizing a 
virtual Annual General Meeting to protect the shareholders and other 
participants. 
 
The Annual General Meeting of voestalpine AG on July 7, 2021, will be held as a 
"virtual Annual General Meeting" in consideration of the interests of both the 
Company and the participants, based on Sec. 1 paras. 1 and 2 COVID-19-GesG, 
Federal Law Gazette I No. 16/2020, as amended by Federal Law Gazette I No. 156/ 
2020, and the COVID-19-GesV (Federal Law Gazette II No. 140/2020 as amended by 
Federal Law Gazette I No. 616/2020). 
 
This means that, under the Management Board's decision, shareholders and their 
representatives (with the exception the special proxy holders under Sec. 3 para. 
4 COVID-19-GesV) cannot be physically present at the Annual General Meeting of 
voestalpine AG on July 7, 2021. 
 
The virtual Annual General Meeting will be held at the premises of voestalpine 
Stahlwelt GmbH, 4020 Linz, voestalpine-Strasse 4, in the physical presence of 
only the Chairman of the Supervisory Board, the Chairman and other members of 
the Management Board, the certifying notary, and the four special proxy holders 
designated by the Company. 
 
The conduct of the Annual General Meeting as a virtual Annual General Meeting in 
accordance with the COVID-19-GesV will require modification of the procedure for 
holding the Annual General Meeting and exercising shareholder rights. 
 
The only way to exercise voting rights, make motions and raise objections is 
through one of the special proxy holders designated by the Company in accordance 
with Sec. 3 para. 4 COVID-19-GesV. The names of these four special proxy holders 
are listed in Item V of this Invitation. 
 
The shareholders themselves can exercise their rights to obtain information at 
the virtual Annual General Meeting by utilizing electronic communication, i.e. 
in text form and exclusively by e-mail directed to the Company's e-mail address 
at fragen.voestalpine@hauptversammlung.at, if the shareholder has sent in a 
timely custody account confirmation within the meaning of Sec. 10a AktG in 
accordance with Item IV and authorized a special proxy holder in accordance with 
V. 
 
2. Transmission of the Annual General Meeting on the Internet 
In accordance with Sec. 3 paras. 1, 2 and 4 COVID-19-GesV in conjunction with 
Sec. 102 para. 4 of the Austrian Stock Corporation Act (AktG), the entire Annual 
General Meeting will be transmitted on the Internet in real time in audiovisual 
format. 
 
This is permissible under data protection law on the legal basis of Sec. 3 
paras. 1, 2 and 4 COVID-19-GesV. 
 
All Company shareholders can participate in the Annual General Meeting as a 
virtual Annual General Meeting on the Internet from about 10:00 a.m., Vienna 
time, on July 7, 2021, at www.voestalpine.com, by using the appropriate 
technical aids (e.g., computer, laptop, tablet or smartphone and an Internet 
connection with adequate bandwidth for streaming videos). It is not necessary to 
register or login to watch the Annual General Meeting. 
 
Transmission of the Company's virtual Annual General Meeting on the Internet 
will give all shareholders the opportunity to follow the course of the Annual 
General Meeting in real time via this one-way audiovisual connection and to 
watch the Management Board make its presentation and answer shareholders' 
questions as well as watching the voting procedure. 
 
It should be noted that this live transmission as a virtual Annual General 
Meeting does not permit remote participation (Sec. 102 para. 3 no. 2 AktG) or 
remote voting (Sec. 102 para. 3 no. 3 AktG and Sec. 126 AktG) and that the 
Internet transmission is not a two-way connection. Therefore, individual 
shareholders can only watch the course of the Annual General Meeting. 
 
It should also be noted that the Company is only responsible for the use of 
technical means of communication to the extent that they are attributable to the 
Company's sphere (Sec. 2 para. 6 COVID-19-GesV). 
 
In other respects, please see the information regarding the organizational and 
technical prerequisites for participation under Sec. 3 para. 3 in conjunction 
with Sec. 2 para. 4 COVID-19-GesV ("Information on Participation"). 
 
II. AGENDA 
1. Presentation of the approved Annual Financial Statements and Management 
Report, the proposal with respect to the distribution of profits, the 
Consolidated Financial Statements and Group Management Report, the Consolidated 
Corporate Governance Report, the Report of the Supervisory Board to the Annual 
General Meeting for the business year 2020/2021 and the Consolidated Non- 
Financial Report for 2020 
2. Resolution on the allocation of the balance sheet profit for the business 
year 2020/2021 
3. Resolution to ratify the actions of the members of the Management Board for 
the business year 2020/2021 
4. Resolution to ratify the actions of the members of the Supervisory Board for 
the business year 2020/2021 
5. Resolution on the election of the auditor for the Annual Financial Statements 
and the Group's Consolidated Financial Statements for the business year 2021/ 
2022 
6. Resolution on the compensation report for the members of the Management Board 
and the Supervisory Board 
7. Resolution on the compensation policy for the members of the Supervisory 
Board 
8. Resolution to amend Sec. 15 of the Articles of Associations (Supervisory 
Board - Compensation) 
9. Resolution to authorize the Management Board of voestalpine AG 
a) to buy back own shares equivalent to up to 10% of the company's share capital 
in accordance with Section 65 (1) nos. 4 and 8 AktG as well as Section 65 (1a) 
and (1b) AktG via stock exchanges as well as over-the-counter trading, subject 
as well to exclusion of the proportional right of disposal that may be 
associated with any such purchase (reverse exclusion of shareholders' 
subscription right), 
b) to resolve a method of disposal other than via a stock exchange or a public 
offer in accordance with Section 65 (1b) AktG for selling and/or utilizing own 
shares subject to analogous application of the rules and regulations governing 
the exclusion of shareholders' subscription right, and 
c) to decrease the company's share capital by a redemption of these own shares 
without having to request another resolution of the Annual General Meeting. 
d) Revocation of the authorization granted by the Annual General Meeting on July 
3, 2019. 
 
III. DOCUMENTS FOR THE ANNUAL GENERAL MEETING; PROVISION OF INFORMATION ON THE 
INTERNET WEBSITE 
In accordance with Sec. 108 paras. 3 and 4 AktG, the following documents, among 
others, will be available on the Company's Internet website at 
www.voestalpine.com, under » Investors » Annual General Meeting, no later than 
June 16, 2021: 
* Annual Financial Statements and Management Report, 
* Consolidated Corporate Governance Report, 
* Consolidated Financial Statements and Group Management Report, 
* Proposed allocation of profits, 
*Report of the Supervisory Board, 
each for the business year 2020/2021; 
* Consolidated Non-Financial Report for 2020, 
* Proposed resolutions for agenda items 2 to 9, 
* Compensation report for the members of the Management Board and the 
Supervisory Board, 
* Compensation policy for the members of the Supervisory Board, 
* Report of the Management Board in accordance with Sec. 65 para. 1b AktG in 
conjunction with Sec. 170 para. 2 AktG and Sec. 153 para. 4 sentence 2 AktG 
regarding agenda item 9, 
* Proxy form for the special proxy holders in accordance with Sec. 3 para. 4 
COVID-19-GesV, 
* Form for revoking a proxy, 
* Question form, 
* Full text of this Invitation, 
* General Data Protection Declaration for Participants in the Annual General 
Meeting of voestalpine AG on 7 July 2021 and 
* Information on the organizational and technical prerequisites for 
participation in accordance with Sec. 3 para. 3 in conjunction with Sec. 2 para. 
4 COVID-19-GesV ("Information on Participation") 
 
IV. RECORD DATE AND PREREQUISITES FOR PARTICIPATION IN THE ANNUAL GENERAL 
MEETING 
Entitlement to participate in the virtual Annual General Meeting and exercise 
voting rights and the other shareholders' rights at this virtual Annual General 
Meeting in accordance with the COVID-19-GesG and the COVID-19-GesV is based on 
share ownership at the close of June 27, 2021 (the record date). 
Only persons who are shareholders on the record date and prove this to the 
Company are entitled to participate and exercise their shareholders' rights at 
this virtual Annual General Meeting under the COVID-19-GesG and the COVID-19- 
GesV. 
A custody account confirmation in accordance with Sec. 10a AktG must be 
submitted to prove share ownership on the record date, must be received by the 
Company no later than July 2, 2021 (12:00 a.m. [midnight], Vienna time) and must 
be sent exclusively by one of the following communication channels to one of the 
following addresses: 
 

(MORE TO FOLLOW) Dow Jones Newswires

June 09, 2021 06:18 ET (10:18 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.21% 34869.37 Delayed Quote.13.69%
VOESTALPINE AG -0.12% 32.54 Delayed Quote.11.19%
All news about VOESTALPINE AG
09/22VOESTALPINE : Our path to a green future
PU
09/20VOESTALPINE : increases its research budget in the current business year to EUR 185 millio..
PU
09/15METAL FORMING DIVISION : long live the loop
PU
09/15VOESTALPINE : Deutsche Bank gives a Neutral rating
MD
09/03VERY SMART : artificial intelligence at voestalpine
PU
08/27VOESTALPINE : promotes research & development
PU
08/17PRESS RELEASE : EQS Group establishes Austrian subsidiary
DJ
08/12VOESTALPINE : 3D printing with the best type of wire alloys
PU
08/09VOESTALPINE : Morgan Stanley keeps a Sell rating
MD
08/05VOESTALPINE : UBS maintains a Sell rating
MD
More news
Analyst Recommendations on VOESTALPINE AG
More recommendations
Financials
Sales 2022 14 134 M 16 501 M 16 501 M
Net income 2022 890 M 1 039 M 1 039 M
Net Debt 2022 2 675 M 3 123 M 3 123 M
P/E ratio 2022 6,53x
Yield 2022 3,28%
Capitalization 5 816 M 6 806 M 6 790 M
EV / Sales 2022 0,60x
EV / Sales 2023 0,58x
Nbr of Employees 48 880
Free-Float 70,2%
Chart VOESTALPINE AG
Duration : Period :
Voestalpine AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VOESTALPINE AG
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 32,58 €
Average target price 37,43 €
Spread / Average Target 14,9%
EPS Revisions
Managers and Directors
Herbert Eibensteiner Chairman-Executive Management Board
Robert Ottel Chief Financial Officer
Joachim Lemppenau Chairman-Supervisory Board
Franz Gasselsberger Member-Supervisory Board
Josef Gritz Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
VOESTALPINE AG11.19%6 806
NUCOR CORPORATION95.38%30 521
ARCELORMITTAL37.71%28 659
POSCO25.00%21 814
TATA STEEL LIMITED97.50%20 715
NIPPON STEEL CORPORATION59.75%17 604