Transaction in Own Shares • Sep 12, 2007
Transaction in Own Shares
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News Details
Ad-hoc | 12 September 2007 17:56
WIGE MEDIA AG:
WIGE MEDIA AG / Transaction in Own Shares
Release 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.
Ad-hoc-announcement §15 WpHG as of September 12, 2007
WIGE MEDIA AG, ISIN: DE0006347701
Cologne, 12 September 2007: In accordance with the Supervisory Board
resolution and the Management Board resolution, WIGE MEDIA AG (security
identification number: 634770) announces as of today that 100,000 shares
held by WIGE MEDIA AG are to be sold. These shares represent 1.67% of the
share capital.
The shares arising from a share buyback programme were bought back on 7
August 2002 in fulfilment of the Annual General Meeting resolution of 15
July 2002 at a price of EUR 0.72. At that time, the cost of purchase
totalled TEUR 72.
One objective of the buyback of treasury stock was to use the shares for
acquisitions. Because of the low volume, WIGE MEDIA AG no longer has any
strategic reason to retain these shares, as authorised capital amounting to
50% of the share capital is available.
The Executive Board
About WIGE MEDIA AG:
WIGE MEDIA AG is a globally active media service company and provides
services and solutions along the value chain for Live-, TV and film
productions. The business segments of the leading full service provider for
sports and event productions include Outside Broadcasts, TV & Film
Production, Post Production, TV Marketing, Rental Services, Data and
Results Services, Events & Incentives and last but not least comprehensive
Media Consultancy Services. Thanks to this extensive portfolio of services,
the Company, founded in 1978, can guarantee its unique position in Germany
and Europe. The Company has been headquartered in Cologne and listed on the
stock market since 2000.
Company contact:
WIGE MEDIA AG
Am Coloneum 2
50829 Köln
www.wige.de
Phone: +49 [0] 221_7 88 77_ 140
Fax: +49 [0] 221_7 88 77_ 189
[email protected]
Agency contact :
GFEI mbH
Hamburger Allee 26-28
60486 Frankfurt am Main
Phone: +49 [0] 69_74 30 37_00
Fax: +49 [0] 69_74 30 37_22
[email protected]
Language: English
Issuer: WIGE MEDIA AG
Am Coloneum 2
50829 Köln
Deutschland
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: [email protected]
Internet: www.wige.de
ISIN: DE0006347701
WKN: 634770
Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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