InVision AG

Transaction in Own Shares • Mar 25, 2011

News Details

Ad-hoc | 25 March 2011 16:15

InVision Software AG: Buyback of up to 3 per Cent of the Share Capital (up to 67,050 Shares) at a Purchase Price of EUR 16.88 per Share

InVision Software AG / Key word(s): Share Buyback

25.03.2011 16:15

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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AD-HOC NOTICE ACCORDING TO § 15 WpHG

Buyback of up to 3 per Cent of the Share Capital (up to 67,050 Shares) at a
Purchase Price of EUR 16.88 per Share

Ratingen (Germany), March 25, 2011 - The Board of Directors of InVision
Software AG has resolved, on the basis of the authorisation granted to it
at the general meeting of 24 August 2010, to submit to its shareholders a
voluntary public offer for the buyback of individual share certificates of
InVision Software AG (ISIN: DE0005859698 / WKN: 585969). This offer will be
valid during the period from 31 March 2011 up to 14 April 2011 at midnight
(CET) and shall encompass up to 3 per cent of the share capital of InVision
Software AG, equalling up to 67,050 shares.

The offering price amounts to EUR 16.88 per share of InVision Software AG.
Detailed offering terms are reflected in the pertinent records expected to
be available on call from 30 March 2011 under the caption 'investor
relations/share buyback' on the company's web page
(http://www.invision.de). Moreover, the offering records will presumably be
published from 30 March 2001 in the Electronic Federal Gazette
(Elektronischer Bundesanzeiger).

The company will not, as of the time of publication of the above offer, be
holding any shares of its own. The members of the Board of Directors are
entitled to take part in the share buyback programme. The repurchased
shares will be used, as resolved by both the Board of Directors and the
Supervisory Board, to make the equity financing of InVision Software AG
more flexible and to facilitate the acquisition of stakes in other
companies.

The offer is subject to the condition of shares of a calculated nominal
value of at least EUR 44,700.00 being offered to InVision Software AG for
purchase. Official permits or releases are not required. The provisions of
the Law on the Takeover of Securities (Wertpapierübernahmegesetz) are not
applicable to this buyback offer.

The company is entitled, under the authorisation granted by its general
meeting, to adjust the offering price if, following publication of the
offer, there should be substantial deviations from the authoritative market
price, in which case guidance shall be taken from the average closing price
quoted in respect of the period of five stock exchange trading days
immediately preceding public announcement of a potential adjustment.

The buyback programme may, to the extent necessary and legally permissible,
be suspended and resumed at any time. InVision Software AG has enlisted the
services of M.M.Warburg & CO KGaA, Hamburg, as central clearing and
settlement agency for the expert processing of this offer.

Contact:
Jutta Handlanger
Head of Corporate Communications
InVision Software AG, Halskestrasse 38
D-40880 Ratingen (Germany)
Tel.: +49 (0)2102 728-444, Fax: +49 (0)2102 728-111
E-mail: ir@invision.de

25.03.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: InVision Software AG
Halskestraße 38
40880 Ratingen
Deutschland
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: info@invision.de
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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