QSC AG

Transaction in Own Shares • May 11, 2012

News Details

Ad-hoc | 11 May 2012 10:54

QSC AG decides to conduct share buyback of up to 10% of the share capital

QSC AG / Key word(s): Share Buyback

11.05.2012 10:54

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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QSC AG decides to conduct share buyback of up to 10% of the share capital

Cologne, 11 May 2012. The Management Board of QSC AG (German Securities ID
513700/ISIN DE0005137004) has resolved today to buy back shares via the
stock exchange of up to 10% of the share capital, corresponding to up to
13,699,913 shares from 21 May 2012 until about 31 December 2012.

Thereby the Management Board makes use of the authorization of the General
Meeting of 20 May 2010 to buy back shares of up to 10% of the share capital
until 19 May 2015. The shares that are bought back may be used for any
purpose set forth in the authorization resolution of the General Meeting of
20 May 2010. This includes in particular the redemption of the shares, the
sale of the shares by cash payment near the stock-exchange-price, holding
the shares available as cash for growth and the service of acquisition
rights, which were granted to members of the Management Board of QSC AG.

The buyback will be carried out by Joh. Berenberg, Gossler & Co. KG,
Hamburg, which will decide about the single buybacks independently and
unaffected by QSC AG. The buyback will be carried out according to the
requirements of Sec. 14 (2), 20a (3) German Securities Trading Act under
consideration of the so-called Safe-Harbor-Rules according to Commission
Regulation (EC) No. 2273/2003. The details will be published prior to the
beginning of the share buyback.

The purchase price (excluding transaction ancillary costs) must not exceed
or fall below more than 5% of the stock-exchange-price of the company's
shares, that was determined in the final auction in the XETRA-exchange at
the Frankfurt Stock Exchange, during the last five trading-days previous to
entering into the obligation. If taking the share's final auction
stock-exchange-price in XETRA-exchange on 10 May 2012 as a basis, the
maximum buyback volume would correspond to an amount of up to approx. EUR
23.96 million.

Queries to:
QSC AG
Arne Thull
Head of Investor Relations
Phone: +49 221 6698-724
Fax: +49 221 6698-009
E-mail: invest@qsc.de
Internet: www.qsc.de

11.05.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language: English
Company: QSC AG
Mathias-Brüggen-Straße 55
50829 Köln
Germany
Phone: +49-221-6698-724
Fax: +49-221-6698-009
E-mail: invest@qsc.de
Internet: www.qsc.de
ISIN: DE0005137004
WKN: 513700
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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