net SE
net AG infrastructure, software and solutions: net AG begins share buy-back program
net AG infrastructure, software and solutions / Share Buyback 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. ---------------------------------------------------------------------- AD HOC REPORT ACCORDING TO §15 GERMAN SECURITIES TRADE ACT (WPHG) net AG begins share buy-back program Koblenz (Germany), Nov. 19th 2008 – The Management Board of net AG (Prime Standard: ISIN DE0007867400) has decided, with the approval of the Supervisory Board, to purchase up to 1,000,000 of the company’s own shares. This is projected to take place between 19/11/2008 and 30/03/2009. The basis for the share buy-back is the authorisation of the General Meeting of 27 May 2008 regarding the purchase of the company’s own shares according to § 71 (1) section 8 of the German Stock Corporation Act (AktG). According to the authorisation, utilisation of the company’s own shares can include sale on a domestic or foreign stock market, servicing share option programs, acquiring holdings and/or meeting the purchase price or other payment obligations from such a purchase, or their withdrawal, should this be necessary. The buy-back will be carried out under the guidance of VEM Aktienbank AG, Munich, and is to be carried out as favourably as possible as a discretionary order via the stock market in electronic trading of the Frankfurt Stock Exchange (XETRA) and via the Frankfurt trading floor. The transactions will observe the trading restrictions of Article 5 of Directive (EC) No. 2273/2003 of the Commission of 22 December 2003. net AG will provide regular information on the transactions and the progress of the share buy-back program in the Investor Relations section at www.netag.de. The Management Board Please direct any inquiries to: net AG infrastructure, software and solutions Schlossstraße 1 56068 Koblenz Germany Telephone: 0261 13389 17 E-mail: info@netag.de Internet: www.netag.de 19.11.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: net AG infrastructure, software and solutions Schlossstr. 1 56068 Koblenz Deutschland Phone: +49 (0)261 13389-0 Fax: +49 (0)261 13389-10 E-mail: investor@netag.de Internet: www.netag.de ISIN: DE0007867400 WKN: 786740 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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