Ad-hoc | 17 September 2020 16:45

Mutares SE & Co. KGaA resolves on share buyback program with a volume of up to EUR 2.5 million

Mutares SE & Co. KGaA / Key word(s): Share Buyback
Mutares SE & Co. KGaA resolves on share buyback program with a volume of up to EUR 2.5 million

17-Sep-2020 / 16:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Disclosure of an inside information according to Article 17 of the Regulation (EU) No 596/2014

Mutares SE & Co. KGaA resolves on share buyback program with a volume of up to EUR 2.5 million

Munich, 17 September 2020 – The management board of the general partner of Mutares SE & Co. KGaA (ISIN: DE000A2NB650 ) (“ Company “) today resolved, with the consent of the supervisory board of the general partner, to launch a share buyback program using the authorization granted by the Company’s annual general meeting on 23 May 2019 (“ Share Buyback Program 2020/I “). Within the framework of the Share Buyback Program 2020/I, up to a total of 250,000 shares (corresponding to up to 1.61% of the Company’s share capital) may be repurchased from 17 September 2020 to 31 March 2021 at a total purchase price (excluding incidental acquisition costs) of a maximum of EUR 2.5 million.

The share buyback will be carried out in accordance with the Safe Harbor Rules defined under Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council dated 16 April 2014, in conjunction with the provisions of the Delegated Regulation (EU) 2016/1052 of the Commission dated 8 March 2016.

The Company will announce further details separately prior to the commencement of the Share Buyback Program 2020/I.

For further information:

Mutares SE & Co. KGaA
Investor Relations
Tel. +49 89 9292 7760
Email: ir@mutares.com
www.mutares.com

Contact Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 1250 90330
Email: sh@crossalliance.de
www.crossalliance.de

17-Sep-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Mutares SE & Co. KGaA
	Arnulfstr.19
	80335 Munich
	Germany
Phone:	+49 (0)89-9292 776-0
Fax:	+49 (0)89-9292 776-22
E-mail:	ir@mutares.de
Internet:	www.mutares.de
ISIN:	DE000A2NB650
WKN:	A2NB65
Indices:	Scale 30
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1133141

End of Announcement DGAP News Service