PC-Ware Information Technologies AG
PC-WARE Info. Technolog. english
PC-Ware continues repurchase of shares
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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After the acquisition of Bison Systems AG, own shares will anew be repurchased
for a possible expansion
(Leipzig, 18th September 2002) The IT service provider PC-Ware Information
Technologies AG, Leipzig, started realising the repurchasing program of shares,
that was approved by this year’s Annual General Meeting (30th August 2002). The
shares, purchased in line with the repurchasing program will be wholly or
partially invested in the acquisition of companies or in participations. The
present start of the repurchase increases the flexibility in case of possible
future acquisitions.
Based on last year’s authorisation of the Annual General Meeting (22nd August
2001), PC-Ware purchased own shares at the stock exchange and reinvested them
for financing the acquisition price of the successful joint venture Bison
Systems AG, Sursee, Switzerland.
The Annual General Meeting of the PC-Ware AG on 30th August 2002 renewed the
authorisation to purchase own shares. Based thereon, PC-Ware can purchase own
shares up to a share of 10 % in the company’s nominal capital until 28th
February 2004. Hereunto, with partial utilisation of this authorisation, the
Management Board of PC-Ware Information Technologies AG with approval of the
Supervisory Board decided to purchase up to 200,000 shares of the company at the
stock exchange. Now, PC-Ware continues to repurchase own shares, based on the
new authorisation.
PC-Ware Information Technologies AG will purchase their own shares at a price,
that will not exceed nor fall below the average closing price of the last five
trading days in the XETRA-trade on the stock exchange in Frankfurt on the Main
by more than five percent.
end of ad-hoc-announcement (c)DGAP 18.09.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
For further information:
PC-Ware Information Technologies AG
Stefan Edlich
Investor Relations
Phone: 0341 25 68-000
E-mail: investor.relations@pc-ware.de
PC-Ware Information Technologies AG (ISIN DE0006910904/WKN 691090):
The Leipzig-based IT specialist is recognised as one of Europe’s leading
licensers of standard, i.e. packaged, software. The company has a comprehensive
service portfolio comprising software management and systems support. It has
also established itself as a full-service system house. Employing around 560
members of staff, the company is the market leader in Germany. PC-Ware has
subsidiaries in seven European countries (D, GB, F, I, NL, A, CH) and serves a
customer base of more than 48,000 clients. The company operates in three areas
of the IT sector.
This service offering is divided into three business units: “Software Sales &
Licensing”, “Software Support & System Management” and “Integrated System
Solutions & Support”. PC-Ware cooperates closely with a number of global players
within the IT industry, including Microsoft, Novell, IBM/Lotus, Attachmate,
Network Associates, Computer Associates, Cisco and Compaq. PC-Ware has been
operating profitably since its formation in 1990.
Internet: http://www.pc-ware.de
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WKN: 691090; ISIN: DE0006910904; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hannover
und Stuttgart
180730 Sep 02
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