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Monday 19 August, 2019

EQS Group AG

EQS Group AG: Share Buyback

RNS Number : 5253J
EQS Group AG
19 August 2019
 

EQS Group AG / Key word(s): Share Buyback
EQS Group AG submits limited public share repurchase offer for employee participation program

19-Aug-2019
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

 

EQS Group AG submits limited public share repurchase offer for employee participation program

Munich - 19 August 2019

The Executive Board of EQS Group AG resolved today to acquire up to 2,000 of its own shares in order to implement the employee participation program "MyEQS Shareplan".

The share repurchase will comply with the rules and regulations set forth in Sec. 71 (1) Sentence 1 No. 2 German Stock Corporation Act.

The share repurchase will be executed over the stock exchange by an independent acting bank which will make its trading decisions regarding the exact timing of the repurchases of shares independently of, and without any influence by, the Company within a time period still to be determined.

With regard to the purchase price, the bank is instructed to comply with the safe harbor rules of Article 5 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council dated April 16, 2014 in conjunction with the Delegate Regulation (EU) 2016/1052 of the Commission dated March 8, 2016.

EQS Group AG will report on the progress of the share repurchase on the Company's website (www.eqs.com) in the Investor Relations section.

Person making the notification: André Marques, Executive Board member (CFO)

Contact:

André Marques

CFO

Tel.: +49 89-21029833

Mobile: +49 175-5250009

Email.: [email protected]



End of ad hoc announcement

 

19-Aug-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

 

 

Language:

English

Company:

EQS Group AG

 

Karlstr. 47

 

80333 Munich

 

Germany

Phone:

+49(0)89 210298-0

Fax:

+49(0)89 210298-49

E-mail:

[email protected]

Internet:

www.eqs.com

ISIN:

DE0005494165

WKN:

549416

Indices:

Scale 30

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange

 

EQS News ID: 

859523


 

 

 

 

End of Announcement

DGAP News Service

 

 

859523  19-Aug-2019 CET/CEST

 


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