Ad-hoc | 5 August 2011 13:07
PSI Aktiengesellschaft / Key word(s): Share Buyback
05.08.2011 13:07
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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Correction of the release: PSI AG renews Share Buyback Program
The Executive Board of PSI AG (ISIN DE000A0Z1JH9) decided on 5 August 2011
to buy back further up to 90,000 of its own shares (this corresponds to
about 0.57 percent of the capital stock) through the stock exchange.
The decision follows the authorisation of the Annual General Meeting on 3
May 2010 for the buyback of own shares of up to almost 10 % of the capital
stock. The buyback program is limited to 30 September 2011. The shares may
be used for all the purposes authorized in the General Meeting on 3 May
2010. This includes in particular the use as compensation in the scope of
the purchase of companies and the offer to employees to purchase the shares
as employee shares. The purchase price per share may not exceed the closing
price per share of the Xetra trading system on the preceding day by more
than 10 %, nor may it be less than 20 % below the same price.
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Information and Explaination of the Issuer to this News:
PSI AG develops and integrates complete solutions, on the basis of its own
software products, for the management of energy networks (electricity, gas,
oil, heat, water), cross-company production management (metals, automotive,
mechanical and plant engineering, mining, logistics) and infrastructure
management for transport and safety. PSI was founded in 1969 and employs
more than 1.400 persons in the group. www.psi.de
PSI AG
Karsten Pierschke
Head of Investor Relations and
Corporate Communications
Dircksenstraße 42-44
10178 Berlin
Germany
Phone +49 30 2801-2727
Facsimile +49 30 2801-1000
E-Mail: KPierschke@psi.de
05.08.2011 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: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin
Germany
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE000A0Z1JH9
WKN: A0Z1JH
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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