Transaction in Own Shares • Oct 12, 2018
Transaction in Own Shares
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Other Capital Market Information | 12 October 2018 19:47
Final notification share buyback
CECONOMY AG / Release of a capital markets information
12.10.2018 / 19:47
Dissemination of a Post-admission Duties announcement transmitted by DGAP -
a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
CECONOMY AG
Notification pursuant to art. 5 para. 1 lit. b of the Regulation (EU) No
596/2014 ('MAR') and art. 2 para. 2 and 3 of the Delegated Regulation (EU)
2016/1052 ('Delegated Regulation')
Düsseldorf, 12 October 2018
Share buyback - Final notification
With notification dated 27 September 2018 pursuant to art. 5 para. 1 lit. a
MAR in conjunction with art. 2 para. 1 of the Delegated Resolution,
CECONOMY AG has announced the commencement of a share buyback program as
from 1 October 2018.
On 2 October 2018, CECONOMY AG purchased a total of 2.448 ordinary bearer
shares in the context of the share buyback.
As per 2 October 2018 the total number of shares bought back, the daily
volume weighted average share prices and the daily total volume amounted
were as follows:
Date Total number of Volume weighted Total volume
shares bought average share (EUR)
back price (EUR)
2 October 2018 2,448 5.9950 14,675.76
Total 2,448 5.9950 14,675.76
The First Share Buyback Program is thereby concluded (as to the details of
the Framework Program please refer to the above mentioned notification
dated 27 September 2018). On 2 October 2018, a total of 2.448 own ordinary
bearer shares were acquired by CECONOMY AG. This corresponds to c. 0.0007
percent of the Company's registered share capital and of the share capital
issued as ordinary shares. The average purchase price per share paid at the
stock exchange amounted to EUR 5.9950. The purchase price paid in aggregate
for the shares bought back amounted to EUR 14,675.76 (excluding ancillary
costs). The shares bought back will be exclusively to perform the Company's
obligations to allot shares to the Company's employees within the meaning
of art. 5 para. 2 lit. c MAR. The respective obligations result from a one-
time commitment by the Company towards the employees of the Company to
allot the shares to incentivize the employees.
The shares bought back were exclusively acquired over the XETRA trading
system of Frankfurt Stock Exchange by a credit institution instructed by
CECONOMY AG.
Pursuant to art. 2 para. 2 and 3 of the Delegated Regulation, further
information regarding the transactions relating to the buyback program
(including a detailed schedule of the individual trades) have been
published on the website of CECONOMY AG, https://www.ceconomy.de, under
'Investor Relations' in the segment 'Legal Announcements'.
CECONOMY AG
The Management Board
12.10.2018 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: CECONOMY AG
Benrather Straße 18-20
40213 Düsseldorf
Germany
Internet: www.ceconomy.de
End of News DGAP News Service
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