PC-Ware Information Technologies AG
PC-Ware Continues Share Buy-Back
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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PC-Ware Continues Share Buy-Back
The Directors of PC-Ware Information Technologies AG have decided, with the
agreement of the supervisory board, to buy back an additional 58,000 shares over
the Stock Exchange, bringing the total to 200,000 shares to have been
repurchased. The enterprise will acquire its own shares at a price that will be
an average of the closing prices of the shares in the XETRA market on the
Frankfurt/Main stock exchange during the last five trading days and not more
than ten percent above or below this price.
The basis of the buy-back was created by the authorization from the
shareholder’s meeting on August 30, 2002 and their renewal in the shareholder’s
meeting on August 23, 2003. The basis of the authorization is to acquire a
portion of up to 10% of the company’s capital stock by February 25, 2005.
The possibilities that are made available by the share buy-back assist with the
usage of the stock for acquisitions of companies or for corporate investments.
Thus, allowing for improvement in the flexibility of future acquisitions.
Contact: CFO Dr. Jutta Horezky +49 341 2568 000
investor.relations@pc-ware.de
end of ad-hoc-announcement (c)DGAP 29.04.2004
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
PC-Ware Information Technologies AG is recognised as one of Europe’s premier IT
service enterprises and offers its customers a comprehensive service portfolio,
covering a wide range of activities from the licensing of standard software to
system support, and complete system house services. The Company has subsidiaries
in eight European countries (D, GB, F, I, NL, B, A, and CH) and serves a
customer base of more than 70,000 corporate clients. PC-Ware has emerged as the
outright market leader in Germany and the Netherlands within the field of
software licensing and licence management.
PC-Ware cooperates closely with a number of global players within the IT
industry, including Microsoft, Novell, Citrix, IBM/Lotus, SAP, Attachmate,
Network Associates, Computer Associates, Fujitsu-Siemens and Hewlett Packard.
WKN: 691 090, ISIN: DE00069109004, Reuters-Kürzel: PCW
Internet: http://www.pc-ware.de
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WKN: 691090; ISIN: DE0006910904; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hannover und Stuttgart
290731 Apr 04
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