Ad-hoc | 12 December 2006 14:37
United Labels AG announces stock buy-back
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Münster, Dec. 12, 2006 – In accordance with the mandate granted by the
General Meeting of Shareholders of May 23, 2006, the Management Board of
United Labels AG (ISIN: DE 0005489561), a company specialising in comicware
sold under licence, today announced its decision to reacquire, by the
specified expiry date of the mandate, company shares in a value equivalent
to up to EUR 500,000. The shares are to be purchased via the stock exchange
or by other means. Insofar as the repurchase of shares is executed via the
stock exchange, the transaction will be handled by a bank. In this case,
the bank is to be free to decide on the precise date of the stock purchase
autonomously and without any influence exerted by the company.
The purchase price per share shall in no case exceed or fall below 10% of
the exchange price applicable at the time.
In accordance with the authorisation issued by the General Meeting of
Shareholders on May 23, 2006, the shares are to be sold to interested
institutional investors under exclusion of shareholder subscription rights.
All transactions will be disclosed on the company website on a weekly basis
subsequent to execution.
For further information, please visit www.unitedlabels.com or contact the
following member of staff:
United Labels AG
Stefanie Frey
Gildenstr. 6
D – 48157 Münster
Tel.: +49 (0) 2 51-32 21-4 06
Fax: +49 (0) 2 51-32 21-9 60
Mobile: +49 (0) 1 70-5 62 88 65
sfrey@unitedlabels.com
(c)DGAP 12.12.2006
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Language: English
Issuer: United Labels AG
Gildenstr. 6
48157 Münster Deutschland
Phone: +49 (0)25 132 21-0
Fax: +49 (0)25 132 21-999
E-mail: investorrelations@unitedlabels.com
WWW: www.unitedlabels.com
ISIN: DE0005489561
WKN: 548956
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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