Elmos Semiconductor SE
Elmos Semiconductor AG decides stock repurchase program of own shares via the stock exchange
Elmos Semiconductor AG / Key word(s): Share Buyback 02-March-2017 / 17:15 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Public disclosure of insider information according to article 17 MAR Today, the Management Board of Elmos Semiconductor AG (FSE: ELG), Dortmund, Germany, decided, with the Supervisory Board's consent, the execution of a stock repurchase program of own shares via the stock exchange. According to the resolutions, the purchase price for the acquisition of the company's shares may altogether not exceed 10,000,000 Euro (excluding transaction costs). Up to 450,000 own shares (ISIN DE0005677108) (equal to roughly 2,24 % of the current share capital of Elmos Semiconductor AG) are intended to be bought back. The buyback is scheduled to be started in a timely manner and to be completed by December 31, 2017. The shares to be acquired may be used for any of the purposes stated in the authorization to purchase and utilize treasury shares given by the General Meeting of May 8, 2015. This also includes the service of outstanding stock options programs, in order to avoid further dilution of existing shareholders. The Management Board may suspend the stock repurchase program at any time and resume it within the above-mentioned period in compliance with applicable laws. Contact: Elmos Semiconductor AG Thalea Willms, Head of Investor Relations, Fon: +49 231‐7549‐273 Mathias Kukla, Press Relations, Fon: +49 231‐7549‐199 Email: invest@elmos.com --------------------------------------------------------------------------- 02-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Elmos Semiconductor AG Heinrich-Hertz-Str. 1 44227 Dortmund Germany Phone: +49 (0)231 7549-575 Fax: +49 (0)231 7549-111 E-mail: invest@elmos.com Internet: http://www.elmos.com ISIN: DE0005677108 WKN: 567710 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service
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