DGAP-Adhoc: Energiekontor AG decides to buy back shares
DGAP-Ad-hoc: Energiekontor AG / Key word(s): Share Buyback
Energiekontor AG decides to buy back shares
06-Jul-2020 / 19:02 CET/CEST
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.
The acquisition is to take place via the stock exchange. The equivalent value per share paid by the Company (excluding ancillary acquisition costs) may not be more than 10% higher or lower than the average closing price for shares with the same features during the last three stock exchange trading days prior to the acquisition.
The repurchase shall be conducted by an investment firm or a credit institution in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014 in conjunction with the provisions of Commission Delegate Regulation (EU) 2016/1052 of March 8, 2016. The commissioned investment firm or credit institution shall make its decisions on the time of the acquisition of shares independently and uninfluenced by Energiekontor AG.
It is intended to use the acquired shares for all legally permissible purposes.
All transactions will be announced weekly after their execution on the Company's website (www.energiekontor.de) in the Investor Relations section.
Contact:
Peter Alex
Head of Investor Relations
Energiekontor AG
Mary-Somerville-Straße 5
28359 Bremen
Germany
Tel.: +49 421-3304-126
Fax: +49 421-3304-444
ir@energiekontor.com
06-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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1087435 06-Jul-2020 CET/CEST