01.06.2018 08:07:29

DGAP-Adhoc: Mutares AG decides on share buyback program in the amount of up to 3 million Euro

DGAP-Ad-hoc: mutares AG / Key word(s): Share Buyback
Mutares AG decides on share buyback program in the amount of up to 3 million Euro

01-Jun-2018 / 08:07 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of insider information in accordance with Article 17 MAR​

Mutares AG decides on share buyback program in the amount of up to 3 million Euro

Munich, June 1, 2018 -
The Management Board of Mutares AG (ISIN: DE000A0SMSH2) decided today with approval of the Supervisory Board to launch a share buyback program of up to EUR 3 million (excluding incidental acquisition costs) using the authorization granted by the Annual General Meeting on May 22, 2015 ("Share Buyback Program 2018/I"). In the period from June 1, 2018 to July 15, 2018, a total of up to 283,019 treasury shares are to be repurchased under the 2018/I share buyback program.

The share buyback will take place in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and Council of 16 April 2014 in conjunction with the provisions of Commission Delegate Regulation (EU) 2016/1052 of March 8, 2016.

Further details will be announced separately by the Company before the start of the 2018/I share buyback program.

For further information please contact:

Mutares AG
Corinna Lumpp
Investor Relations & Strategy
Tel. +49 89 9292776-0
Fax +49 89 9292776-22
ir@mutares.de
www.mutares.de


01-Jun-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Mutares AG
Arnulfstr.19
80335 Munich
Germany
Phone: +49 (0)89-9292 776-0
Fax: +49 (0)89-9292 776-22
E-mail: ir@mutares.de
Internet: www.mutares.de
ISIN: DE000A0SMSH2
WKN: A0SMSH
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Scale), Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

691499  01-Jun-2018 CET/CEST

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