Drillisch AG / Share Buyback/Miscellaneous 14.02.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Drillisch AG authorizes share buyback Maintal, February 14, 2008. The board of directors of Drillisch AG has resolved upon the implementation of a share buyback program. The resolution is based on the authorization of the shareholders meeting of May 18, 2007, which authorized Drillisch AG to purchase its own shares up until November 17, 2008. The share buyback program will not exceed 10 % of the registered share capital at the time of the shareholders meeting (3,495,102 shares) and runs from February 15, 2008 until May 30, 2008. The buyback of the own shares will be handled by a credit institution instructed by Drillisch AG in accordance with the provisions of Article 5 (Conditions for Trading) of Commission Regulation (EC) No. 2273/2003 of 22 December 2003. This means in particular, that Drillisch AG will not purchase shares at a price higher than the higher of the price of the last independent trade and the highest independent bid on the trading venues on the regulated market where the purchase is carried out. In any case the purchase price will not deviate more than 10 % above or below the average price of the Drillisch-shares at the closing auction of XETRA trading on the Frankfurt Stock Exchange during the last five trading days prior to the purchase of the shares. Further, Drillisch AG will not purchase more than 25 % of the average daily volume of its shares on the regulated market where the purchase is carried out. The purchase of the shares serves the purpose of financing possible acquisitions of companies, parts of companies, participations or any other assets, or may be used in relation to mergers. A subsequent redemption or a sale of these shares to third parties for cash is not precluded. The buyback will be carried out on the stock exchange. All buybacks will be announced on Drillisch AGs website (www.drillisch.de) at latest seven trading days after the transaction. Drillisch Aktiengesellschaft Board of directors Contact: Oliver Keil Head of Investor Relations Mail: ir@drillisch.de DGAP 14.02.2008 --------------------------------------------------------------------------- Language: English Issuer: Drillisch AG Wilhelm-Röntgen-Straße 1-5 63477 Maintal Deutschland Phone: +49 (0)6181 412 200 Fax: +49 (0)6181 412 183 E-mail: ir@drillisch.de Internet: www.drillisch.de ISIN: DE0005545503 WKN: 554550 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Drillisch AG to initiate share buyback program
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