Ahlers AG / Share Buyback
30.10.2008
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc release to § 15 WpHG
Ahlers AG, Herford
ISIN DE0005009708 und ISIN DE0005009732
Ahlers adopts share buy-back programme
On October 29, 2008, the Management Board and the Supervisory Board of
Ahlers AG decided to take advantage of the authorisation to acquire own
shares granted by the Annual Shareholders Meeting on May 15, 2008.
The company plans to acquire shares representing up to 10 percent of the
share capital at the stock exchange. The repurchased shares may be used for
all purposes provided for in the respective resolution passed by the Annual
Shareholders Meeting on May 15, 2008. The price paid by the company per
share (excl. incidental expenses) must not be more than 10 percent above or
below the price determined by the opening auction at the Frankfurt Stock
Exchange on the respective trading day. The shares will be repurchased by a
bank commissioned by the company in accordance with Directive (EC) No.
2273/2003 of the Commission dated December 22, 2003 on trading in own
shares.
Scheduled to be launched on November 4, 2008, the programme comprises the
acquisition of ordinary and preference shares, may be suspended at any time
and will end no later than January 31, 2009.
Ahlers AG will provide regular updates on the share buy-back programme on
its website 'www.ahlers-ag.com', Investor Relations.
Herford, October 30, 2008
The Management Board
Ahlers AG
Elverdisser Str. 313
32052 Herford
DGAP 30.10.2008
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Language: English
Issuer: Ahlers AG
Elverdisser Straße 313
32052 Herford
Deutschland
Phone: +49 (0)5221 979-0
Fax: +49 (0)5221 725 38
E-mail: ahlers-ag@ahlers-ag.com
Internet: www.ahlers-ag.com
ISIN: DE0005009708, DE0005009732
WKN: 500970, 500973
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-Adhoc: Ahlers adopts share buy-back programme
| Source: EQS Group AG