ad pepper media International N.V.
ad pepper media International N.V.:
ad pepper media International N.V. / Key word(s): Share Buyback 01.02.2016 08:51 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ad pepper media International N.V.: Board of Directors decides on share buyback Nuremberg, Amsterdam, the Netherlands, February 1, 2016 By way of a share buy-back resolved today by the Board of Directors, ad pepper media International N.V. ("ad pepper media") will repurchase a total number of up to 690,000 shares via the stock exchange. Such number corresponds up to 3.0 percent of the total share capital of the company. The share buy-back will be implemented from February 1, 2016 onwards and will run for a period expiring on November 21, 2016. The Annual General Meeting as of May 21, 2015 has authorized the company to acquire treasury stock in the amount of up to 50 percent of the company's share capital at the time of the authorization. In case of an acquisition via the stock exchange, the price per share shall not be more than 20 percent above or more than 20 percent below the trading price. The defining trading price for this purpose shall be the opening auction trading price of the ad pepper media share on XETRA. The authorization may be exercised for any legally permitted purpose. The share buy-back will be implemented using a financial institution, which will decide independently from and uninfluenced by ad pepper media on when to repurchase stock. 01.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ad pepper media International N.V. Prins Bernhardplein 200 1101 CB Amsterdam Netherlands Phone: +49 911 9290570 Fax: E-mail: nschmidt@adpepper.com Internet: www.adpeppergroup.com ISIN: NL0000238145 WKN: 940883 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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