Ming Le Sports AG
Ming Le Sports AG resolves share buyback
Ming Le Sports AG / Key word(s): Share Buyback 11.11.2013 11:56 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ming Le Sports AG resolves share buyback Frankfurt, November 11, 2013 - Ming Le Sports AG, a rapidly growing branded sportswear company in China, today decided, to conduct a buyback of own shares of up to 1,544,400 shares on the basis of the authority granted by the Annual General Meeting of June 24, 2013 during the period November 11, 2013 until the AGM 2014. It is intended that the share buyback will be conducted through a bank and exclusively on the stock exchange. The total buy back volume will depend on prevailing market conditions. The shares bought back may be used for all purposes permissible under the above mentioned authority and applicable stock corporation law. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About Ming Le Sports AG Ming Le Sports AG is a rapidly growing branded sportswear company in China targeting 16 to 35-year-old men and women who lead an urban, vibrant and active lifestyle. Ming Le's products include footwear, apparel, accessories and equipment. The company strives to offer comfortable, fashionable and affordable lifestyle and leisure sportswear. Ming Le designs its own products and manufactures them at Ming Le's facilities or through contract manufacturers. Ming Le markets and sells its products through a network of 26 distributors to over 4,000 retail outlets in China. At present, Ming Le has 1,393 employees. For further information, please contact: Kirchhoff Consult AG Anja Ben Lekhal Tel: +49(0) 40 609 186 55 Mail: anja.benlekhal@kirchhoff.de Or visit http://www.mingle-sportswear.com 11.11.2013 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: Ming Le Sports AG Westhafenplatz 1 60327 Frankfurt am Main Germany Phone: Fax: E-mail: Internet: www.mingle.cn ISIN: DE000A1MBEG8 WKN: A1MBEG Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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