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Notification - NN exceeds 5% in OMV Petrom

7 Jan 2021 14:09

RNS Number : 9653K
OMV Petrom S.A.
07 January 2021
 

 

 

 

 

 

OMV Petrom S.A.

OMV Petrom Investor News

 January 7, 2021

 

 

Communique regarding NN Group N.V.'s holdings in OMV Petrom S.A.

 

 

OMV Petrom S.A. ("OMV Petrom") received from NN Group N.V. a notification according to art. 69 and 70 of Law no. 24/2017 on issuers of financial instruments and market operations by which it was informed that, starting with January 4, 2021, the indirect holding of NN Group N.V. of the voting rights of OMV Petrom exceeded the 5% threshold.

According to the notification received, NN Group N.V. holds 2,848,113,046 shares/voting rights, corresponding to 5.03% of OMV Petrom's share capital/voting rights.

Annex: Notification received by OMV Petrom from NN Group BV. regarding holdings exceeding 5%

http://www.rns-pdf.londonstockexchange.com/rns/9653K_1-2021-1-7.pdf

 

About OMV Petrom

OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of 55.4 million boe in 2019. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high efficiency power plant. The Group is present on the oil products retail market in Romania and neighboring countries through 798 filling stations, at the end of September 2020, under two brands - OMV and Petrom.

OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.011% stake in OMV Petrom. The Romanian State, through the Ministry of Economy, Energy and Business Environment, holds 20.639% of OMV Petrom shares, Fondul Proprietatea holds 6.997%, and 21.353% is the free float on the Bucharest Stock Exchange and the London Stock Exchange.

OMV Petrom is the largest contributor to the state budget, with contributions of 30.4 billion euro in taxes and dividends paid between 2005 and 2019.

Since 2007, OMV Petrom has included corporate responsibility principles into its business strategy. Between 2007-2019, the company has allocated approximately 66 million euro to develop communities in Romania, focusing on environmental protection, education, health and local development.

On July 29th, 2020, OMV Petrom announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) regarding risks and opportunities on climate change.

 

Contact:

OMV Petrom Investor Relations

Tel: +40 372 161930, Fax: +40 372 868518

e-mail: investor.relations.petrom@petrom.com

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