31.5% ÖBAG (Österreichische Beteiligungs AG, Austrian state holding company)
24.9% MPPH (Mubadala Petroleum and Petrochemicals Holding Company L.L.C, Abu Dhabi)
0.2% Treasury shares and further 1
43.4% Free float
1 Includes such shares that (i) have been transferred in the course of the ‘3+1’-employee share program and that currently still remain restricted on the employees’ private share deposits, (ii) have been transferred to executive board members and senior managers in the course of long-term incentive programs and currently remain in an escrow share deposit held by OMV and (iii) are held by executive board members on private share deposits.
Diversified international shareholder base
There is a consortium agreement in place between MPPH (Mubadala Petroleum and Petrochemicals Holding Company L.L.C) and ÖBAG (Österreichische Beteiligungs AG) providing for coordinated behavior and certain restrictions on transfers of shareholdings.
Stock exchange and privatization history
With effect as of February 20, 2019, Österreichische Bundes- und Industriebeteiligungen GmbH was transformed into a joint-stock company and renamed as Österreichische Beteiligungs AG.
All shares in OMV previously held by IPIC have been transferred to Mubadala Petroleum and Petrochemicals Holding Company L.L.C (MPPH) on February 13, 2019. MPPH has become a party of the current shareholder agreement.
By enactment of the ÖBIB law 2015, the Österreichische Industrieholding AG (ÖIAG) was converted effectively into the Österreichische Bundes- und Industriebeteiligungen GmbH (ÖBIB) in the course of the ÖIAG Annual General Meeting on March 20, 2015.
In June, OMV successfully completes a capital increase by issuing 27,272,727 shares or 9.09% of its existing share capital. The subscription and offer price of the new shares is set at EUR 27.50. The OMV core shareholders ÖIAG and IPIC fully exercise their subscription rights. Following the registration of the capital increase, OMV's share capital increases from EUR 300,000,000 to EUR 327,272,727.
In December, OMV Aktiengesellschaft increases the share capital through the issuance of 3 mn new shares, thus increasing the number of issued shares from 27 mn to 30 mn no par value shares. The issue price per share is set at EUR 219. Furthermore approximately 1.79 mn convertible bonds (ISIN AT0000342647) in an aggregate principal amount of approximately EUR 550 mn are issued, each bond initially convertible into one share of OMV Aktiengesellschaft. The issue price, initial conversion price and principal amount per convertible bond are set at EUR 306.6. The coupon is set at 1.5%.
In May ÖIAG sells another 4.023 mn shares at a price of ATS 1,055 thus decreasing its stake to 35%.
In May, IPIC (International Petroleum Investment Company) buys 13% of OMV from ÖIAG so that ÖIAG´s stake is down to 59%. In June, OMV has a capital increase to ATS 2.7 bn. IPIC exercises its own as well as others’ subscription rights and increases its OMV stake to 19.6% whereas ÖIAG´s stake declines to 52.4%. A Level 1-ADR-program is established in the US. At September´s AGM, OMV agrees on a face value of ATS 100 for all shares. Until year-end, ÖIAG sells a further 2.5% and reduces its OMV stake to 49.9%. For the first time, OMV is majority owned by private stockholders.
The face value of 5% of the stock is reduced to ATS 100 in order to facilitate the introduction to the Austrian Futures and Options Exchange in April. In June, OMV´s capital stock is increased by ATS 400 mn to a total capital stock of ATS 2.4 bn. ÖIAG exercises its subscription rights and continues to own 72%. On December 9, the OMV share is the first Austrian share to be traded on firm quotation on SEAQ International in London.
In September ÖIAG sells another 10% of OMV shares in a secondary offering at a price of ATS 8,240 per share. Together with a further sale of shares to institutional investors, ÖIAG´s stake is reduced to some 72%.
Following the government´s decision to privatize the public sector the initial public offering takes place in December 1987. The Österreichische Industrieholding AG (ÖIAG) sells 15% of OMV´s capital stock (ATS 2 bn split into 2 mn shares with a face value of ATS 1,000) at a price of ATS 4,400. This reduces ÖIAG´s stake in OMV to 85%. OMV shares start trading in Vienna on December 3, and close at ATS 4,455. On December 9, the shares are traded in Frankfurt and Munich for the first time.