Schoeller-Bleckmann Oilfield Equipment AG: AVZ buys 840,000 shares
Ternitz, March 8, 2005. AV-Z Vermögensverwaltung GmbH (AVZ) has acquired 840,000 shares of Schoeller-Bleckmann Oilfield Equipment AG (SBO) under a block trade. The seller in this block trade was Berndorf AG.
AV-Z acquired an interest in SBO of appr. 6.5 percent of SBO, while Berndorf holds more than 50 %. The rest of the shares is held by the free float.
Schoeller-Bleckmann Oilfield Equipment AG is the global leader for high-precision components for the oilfield service industry. The business focus is on non-magnetic drillstring components for directional drilling. Worldwide, SBO employs a workforce of 837 (December 31, 2003: 800), currently 211in the company headquarters at Ternitz, Lower Austria, and 435 in North America (including Mexico).
For information please contact:
Gerald Grohmann, Chief Executive Officer
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Tel: +43 2630/315 ext. 110, fax: ext. 101
Tel: +43 2630/315 ext. 110, fax: ext. 101
E-mail: sboe@sbo.co.at
Mick Stempel, Hochegger|Financials
Tel:+43 1/504 69 87 ext. 85
Tel:+43 1/504 69 87 ext. 85
E-mail: m.stempel@hochegger.com
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Contact
Schoeller-Bleckmann
Oilfield Equipment AG
Hauptstraße 2
A-2630 Ternitz
Tel.: +43 (0)2630 315-253
Fax: +43 (0)2630 315-101
E-Mail:
