AT&S Austria Technologie & Systemtechnik AG

Transaction in Own Shares • Oct 12, 2001

News Details

Ad-hoc | 12 October 2001 07:30

AT&S Austr. T. & Systemt. english

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– A resolution passed by the 7th Annual General Meeting on July 5, 2001 authorized the Management Board to buy back up to 10% of the issued capital of AT&S Austria Technologie & Systemtechnik Aktiengesellschaft during a period of 18 months beginning on the day the resolution was passed. The Management Board of AT&S AG has decided to make use of this authorization. During the period from October 18, 2001 to April 17, 2002 the company will therefore purchase up to 2,800,000 shares, or up to 10%, of its current issued capital. This buyback will be made via open market transactions on the Neuer Markt- segment of the Frankfurt Stock Exchange. Shares repurchased are to be used primarily for the purpose of fulfilling the Companys Long Term Employee Incentive Plan or in the context of future acquisitions. Purchases will be made from time-to-time at the Companys discretion subject to market conditions, and may be commenced or suspended without prior notice. According to the Rule Book of the Neuer Markt all transactions done within five trading days will be published within a maximum of three trading days. The legally required details of the share buy back programme will be published in the Wiener Zeitung and Frankfurter Allgemeine Zeitung as well as on our webpage http://www.ats.net . AT&S Austria Technologie & Systemtechnik AG Management Board Leoben, October 12, 2001 For further information contact: Silvia Zarfl, Investor Relations T +43(3842)200-211, E-mail: s.zarfl@ats.net end of ad-hoc-announcement (c)DGAP 12.10.2001 ——————————————————————————– WKN: 922 230; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 120730 Okt 01