Adler Modemärkte AG / Key word(s): Share Buyback 14.08.2012 08:28 Dissemination 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. --------------------------------------------------------------------------- Ad hoc disclosure in accordance with § 15 German Securities Trading Act (Wertpapierhandelsgesetz, 'WpHG') from Adler Modemärkte AG Management Board of Adler Modemärkte AG resolves on further share repurchase Haibach, 14 August 2012 - The Management Board of Adler Modemärkte AG resolved today following the consent of the Supervisory Board to once again partly exercise the authorisation granted by the Company's extraordinary General Meeting on 30 May 2011 to acquire further treasury shares by acquiring up to 823,839 shares of the Company (approx 4.5% of the current share capital) until 31 December 2012 over the stock exchange. The consideration to be paid per share (excluding ancillary acquisition costs) must not exceed EUR 10.00 and will not be permitted to be more than 10% above or below the price determined for a share of the Company on the relevant stock exchange trading day in the opening auction of the Xetra trading system. The shares repurchased may be used for any purpose approved by the resolution of the Company's extraordinary General Meeting on 30 May 2011, in particular the shares may be offered and transferred to third parties in connection with company mergers or the acquisition of companies or equity investments in companies, the shares may be offered for purchase and transferred to members of the Management Board or employees of the Company or its Group companies, the shares may be offered for purchase and transferred to third parties who, as strategic partners of the Company or its Group companies, play a significant role in assisting the Company to achieve its corporate goals, or the shares may be used to satisfy the obligations of the Company arising out of convertible bonds issued or guaranteed by it. The share repurchase shall be performed by a financial institution in compliance with the safe harbour regulations for share repurchases as set out in the Ordinance (EU) No. 2273/2003 of the European Commission. The financial institution mandated to perform the share repurchase will be entitled to decide on the timing of the acquisition of the shares independently from, and unaffected by, the Company. The share repurchase is expected to commence on 14 August 2012 and will be terminated on 31 December 2012 at the latest. The Management Board of Adler Modemärkte AG reserves the right to terminate the share repurchase at any time. Contact Adler Modemärkte AG: Adler Modemärkte AG Investor Relations Tel.: +49 6021 633 1828 Fax: +49 6021 633 1417 Email: investorrelations@adler.de 14.08.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Adler Modemärkte AG IndustriestraÃe Ost 1-7 63808 Haibach Germany Phone: +49 (0) 6021 633 0 Fax: +49 (0) 6021 633 1299 E-mail: info@adler.de Internet: www.adlermode.com ISIN: DE000A1H8MU2 WKN: A1H8MU Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Adler Modemärkte AG: Management Board of Adler Modemärkte AG resolves on further share repurchase
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