Ad-hoc | 12 January 2009 09:32
EnviTec Biogas AG / Share Buyback
Release 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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EnviTec Biogas AG launches share buyback programme
Lohne, January 12, 2009 – The Executive Board of EnviTec Biogas AG [ISIN:
DE000A0MVLS8] decided to launch a share buyback programme, based on the
resolution passed by the AGM on July 10, 2008. Until June 30, 2009, shares
of EnviTec Biogas in an amount of up to EUR 10 million are to be
repurchased via the stock exchange. The maximum of the buyback is limited
to EUR 1.5 million shares and equals ten percent of the total equity
capital. The repurchased shares may be used for all purposes defined in the
AGM resolution on July 10, 2008. In accordance with applicable legal
provisions, the buyback programme may be suspended and restarted at any
time.
The share buyback will be realised in relation to the market environment,
by order and on account of the company. It will be performed by Dresdner
Bank AG, DresdnerKleinwort, the decisions concerning the time and
respective volume of the share purchase will be made independently and with
no influence from the company. Purchase price per share (ex other purchase
costs) may not be more than ten percent above or below the market price.
The decisive market price in terms of the preceding is thereby the price of
the company share, determined at the opening auction of the Xetra-trade of
Deutsche Börse AG.
EnviTec Biogas will provide regular information on the share buyback at
www.envitec-biogas.de in the area 'Investor Relations' under the heading
'Share'.
Investor Relations:
Olaf Brandes
EnviTec Biogas AG
Tel: +49 44 42 80 65-118
Press Contact:
Fabian Lorenz, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 36 90 50- 56 /-31
E-Mail: f.lorenz@hoschke.de; g.pauli@hoschke.de
E-Mail: ir@envitec-biogas.de
12.01.2009 Financial News transmitted by DGAP
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Language: English
Issuer: EnviTec Biogas AG
Industriering 10a
49393 Lohne
Deutschland
Phone: +49 (0) 44 42 - 80 65 0
Fax: +49 (0) 44 42 - 80 65 103
E-mail: info@envitec-biogas.de
Internet: www.envitec-biogas.de
ISIN: DE000A0MVLS8
WKN: A0MVLS
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Hamburg, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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