EANS-Adhoc

ANDRITZ: Publication of the resolution by the Executive and Supervisory Boards to make use of a buy-back authorization - Seite 2

delay, pursuant to § 6(1), Austrian Publication Ordinance. In addition, the
company reserves the right to use purchased treasury shares as consideration in
the acquisition of companies, businesses, business units, or shares in
companies. The company reserves the right to sell purchased treasury shares
again through the Vienna Stock Exchange.

7. Possible effects of the buy-back program on the listing of the issuing
company: None

8. Number of options to be granted or already granted and distribution over
employees, senior executives and individual members of the company's boards or
of the boards of its associated companies stating the respective number of
shares available for subscription in each case if the issuing company intends
granting or has already granted stock options within the time period pursuant to
§ 65(1), line 8, of the Austrian Corporation Act: 102 company executives in the
ANDRITZ GROUP were allocated a total of 975,000 stock options for the stock
option program approved by the Annual General Meeting on March 23, 2018.
Currently 97 company executives with a total of 909,000 stock options (thereof
150,000 in total for the members of the executive board) still participate in
this stock option program.

The number of stock options granted per senior executive eligible is up to
20,000 depending on the area of responsibility. Each stock option entitles the
holder to the purchase of one share.

In the event of purchased treasury shares being issued, the issuing company will
disclose the extent of the stock options without delay pursuant to § 6(1) of the
Austrian Publication Ordinance.

9. The changes and the transactions conducted will be made public exclusively
through the ANDRITZ AG web site andritz.com.

- End -

ANDRITZ GROUP
ANDRITZ is an international technology group providing plants, systems,
equipment, and services for various industries. The company is one of the
technology and global market leaders in the hydropower business, the pulp and
paper industry, the metal working and steel industries, and in solid/liquid
separation in the municipal and industrial segments. Other important fields of
business are animal feed and biomass pelleting, as well as automation, where
ANDRITZ offers a wide range of innovative products and services in the IIoT
(Industrial Internet of Things) sector under the brand name of Metris. In
addition, the company is active in power generation (steam boiler plants,
biomass power plants, recovery boilers, and gasification plants) and
environmental technology (flue gas and exhaust gas cleaning plants) and offers
equipment for the production of nonwovens, dissolving pulp, and panelboard, as
well as recycling plants.

ANDRITZ stands for passion, partnership, perspectives and versatility - core
values to which the company is committed. The listed Group is headquartered in
Graz, Austria. With almost 170 years of experience, approximately 29,700
employees, and more than 280 locations in over 40 countries worldwide, ANDRITZ
is a reliable and competent partner and helps its customers to achieve their
corporate and sustainability goals.





Further inquiry note:
Dr. Michael Buchbauer
Head of Group Finance, Corporate Communications & Investor Relations
Tel.: [phone]
Fax: [phone]
mailto:[e-mail]

end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.andritz.com
ISIN: AT0000730007
indexes: ATX, WBI
stockmarkets: Wien
language: English


Additional content: https://www.presseportal.de/pm/54966/4519911
OTS: Andritz AG
ISIN: AT0000730007