Ad-hoc | 30 July 2001 08:14

Euwax Broker AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– EUWAX Broker AG Makes Use of its Right to Purchase Own Shares The Board of Directors of EUWAX Broker AG, Stuttgart, decided in its resolution of July 27th, 2001 to purchase own shares (securities identification number 566 010) and warrants (securities identification number 566 015). This decision on the one hand will enable the Board of Directors to undertake market-regulating operations and on the other hand will lay the foundation for an employee participation model. The correspondent authorization for purchasing own shares within the meaning of section 71 paragraph I No. 2 and No. 7 of the German Shareholding’s Act (Aktiengesetz) was issued at the annual general meeting on May 21st, 2001. The purchase of warrants is not subject to the restrictions of section 71 of the German Shareholding’s Act (AktG). For the purpose of securities trading (market-regulating operations), own shares are only allowed to be bought or sold at prices which deviate no more than 10% from the average closing price of the shares of EUWAX Broker AG on the Stuttgart Stock Exchange of the three previous exchange days. The stock of the purchased shares must not exceed at the end of every day 5% of the company’s share capital. The right to purchase own shares for the purpose of securities trading is valid until November 20th, 2002. The total portfolio of purchased shares must not exceed 10% of the company’s share capital. Harald Schnabel Chief Executive Officer Telephon: 0711/222 989 99 harald.schnabel@euwax-broker.de Stuttgart, July 30th, 2001 end of ad hoc announcement (c) DGAP 30.07.2001 ——————————————————————————– WKN: 566010; Index: Listed: Amtlicher Handel in Stuttgart; Freiverkehr in Frankfurt, Berlin, Bremen, Düsseldorf, Hamburg, München 300814 Jul 01