EANS-News: Wolford Aktiengesellschaft: Resolution passed at the AGM regarding treasury shares: approval of sale in ways other than via securities exchanges or via the making of a public offer

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Annual & Special Corporate Meetings/treasury shares

Announcement according to Section 82 Para. 9 Austrian Stock Exchange
Act by Wolford Aktiengesellschaft Wolfordstrasse 1, 6900 Bregenz FN
68605 s

Bregenz, September 17, 2015. Wolford Aktiengesellschaft,
Wolfordstrasse 1, 6900 Bregenz (hereafter the "Company") announces in
accordance with Section 82 Para. 9 Austrian Stock Exchange Act and
Section 2 Para. 1, Section 3 Para. 1 Austrian Publication Ordinance
2002 that the 28th Annual General Meeting of the Company held on
September 17, 2015 resolved upon the following resolutions with
respect to item 5 on the agenda:

- The resolution passed by the Annual General Meeting held on
September 6, 1999, according to which (1) the Management Board is
authorized to acquire up to 100,000 treasury shares during a period
of 18 months starting with the date the resolution was passed in
accordance with Section 65 Para. 1b (5) Austrian Stock Corporation
Act for the purpose of issuing of shares to members of the Management
Board, the Supervisory Board as well as to selected top executives of
the Company and the company affiliated with it, in which case the
acquisition of treasury shares by the Company is only to take place
at a value which is neither lower than EUR 35,-- (thirty-five euros)
nor higher than EUR 70,-- (seventy euros) per share and (ii) the
issuance of shares which is to commence two years after the date the
resolution was passed and end five years after this date is not to be
below the acquisition costs of the Company in accordance with the
plan elucidated at the Annual General Meeting and the sale of shares
issued by the Company which were not in accordance with this plan
within a period of one year after the expiration of the designated
five-year period of time is modified such so that point (ii) of this
resolution is to be annulled.

- The issuance or resale of up to 100,000 treasury shares acquired on
the basis of the resolution passed by the Annual General Meeting held
on September 6, 1999 other than on the stock exchange or by means of
a public offering in accordance with Section 65 Para. 1b Austrian
Stock Corporation Act within the context of a long-term incentive
program for members of the Management Board of the Company determined
by the Supervisory Board and elucidated at the Annual General Meeting
excluding subscription rights on the part of shareholders of the
Company is approved.

- The issuance or resale of up to 100,000 treasury shares acquired on
the basis of the resolution passed by the Annual General Meeting held
on September 6, 1999 other than on the stock exchange or by means of
a public offering with respect to employee participation and
profit-sharing programs proposed by the Management Board with the
approval of the Supervisory Board and to be formally authorized in
the future by the Supervisory Board, including share option programs
and the simple issuance of shares for members of the Management Board
and top executives of the Company excluding subscription rights on
the part of shareholders of the Company is approved.

In line with Section 82 Para. 10 Austrian Stock Exchange Act, this
announcement replaces the previous announcement in accordance with
Section 65 Para. 1a Austrian Stock Corporation Act. Reference is made
to the Report of the Supervisory Board and the Management Board on
item 5 of the agenda on the Website of Wolford AG (www.wolford.com)
entered in the Commercial Register.

Further inquiry note:
Wolford AG
Maresa Hoffmann
Referentin Investor Relations and Corporate Communications
Tel.: +43 5574 690 1258
investor@wolford.com | company.wolford.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Wolford Aktiengesellschaft
Wolfordstrasse 1
A-6900 Bregenz
phone: +43 (0) 5574 690-1268
FAX: +43 (0) 5574 690-1219
mail: investor@wolford.com
WWW: company.wolford.com
sector: Textiles & Clothing
ISIN: AT0000834007
indexes: ATX Prime, ATX Global Players
stockmarkets: free trade: Frankfurt, regulated dealing: Wien, ADR: New York
language: English