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STS Group AG
Transaction in Own Shares • Nov 21, 2018
418_rns_2018-11-21_8e04c0f5-eca7-46d2-9db2-c4fe4664437a.html
Transaction in Own Shares
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News Details
Ad-hoc | 21 November 2018 08:24
STS Group AG decides on share buyback program in the amount of up to EUR 1 million
STS Group AG / Key word(s): Share Buyback
STS Group AG decides on share buyback program in the amount of up to EUR 1 million
21-Nov-2018 / 08:24 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.
**STS Group AG decides on share buyback program in the amount of up to EUR 1 million
Hallbergmoos/Munich , 21 November 2018. The Management Board of STS Group AG (ISIN: DE000A1TNU68), decided today with approval of the Supervisory Board to launch a share buyback program of up to EUR 1 million (excluding incidental acquisition costs) using the authorization granted by the Annual General Meeting on 3 May 2018 (“ Share Buyback Program 2018/I** “). In the period from 22 November 2018 to 21 Mai 2019, a total of up to 50,000 treasury shares are to be repurchased under the 2018/I share buyback program.
The share buyback will take place in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and Council of 16 April 2014 in conjunction with the provisions of Comission Delegate Regulation (EU) 2016/1052 of 8 March 2016.
Further details will be announced seperately by the Company before the start of the 2018/I share buyback program.
For further information please contact:
STS Group AG
Zeppelinstrasse 4
85399 Hallbergmoos
Investor Relations
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel.: +49 (0)89 89827227
E-Mail: [email protected]
21-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | STS Group AG |
| Zeppelinstraße 4 | |
| 85399 Hallbergmoos | |
| Germany | |
| Phone: | +49 (0)811 124494 0 |
| E-mail: | [email protected] |
| Internet: | https://sts.group |
| ISIN: | DE000A1TNU68 |
| WKN: | A1TNU6 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| End of Announcement | DGAP News Service |