Software AG
Software AG: Disclosure pursuant to second sentence of Article 2 (1) of the Commission Delegated Regulation (EU) 2016/1052 Change notification – Early termination of the Share Buy-Back Program
DGAP-News: Software AG / Key word(s): Share Buyback Disclosure pursuant to second sentence of Article 2 (1) of the Commission Delegated Regulation (EU) 2016/1052 Change notification – Early termination of the Share Buy-Back Program With a view to the General Meeting of Software AG which has been invited for May 17, 2017, the Executive Board decided to change this Share Buy-Back Program by terminating it with effect of the end of trading on Xetra on May 11, 2017. Experience during the share buy-back has shown that it was not possible to consistently ensure that shares are settled and booked into Software AG’s share deposit account two banking days after the day they have been bought (T+2). With the early termination, Software AG aims to counteract such uncertainties in order to ensure that the General Meeting of Software AG is able to vote on the dividend resolution on a secure basis as concerns the number of shares entitled to receive a dividend. Further information on the Share Buy-Back Program and the relevant transactions are made available on the internet at: www.softwareag.com under section “Investor Relations”. Darmstadt, May 11, 2017 Software Aktiengesellschaft The Executive Board
11.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Software AG |
Uhlandstraße 12 | |
64297 Darmstadt | |
Germany | |
Phone: | +49 (0)6151 92-1900 |
Fax: | +49 (0)6151 92-34 1899 |
E-mail: | Investor.Relations@softwareag.com |
Internet: | www.softwareag.com |
ISIN: | DE0003304002 |
WKN: | 330400 |
Indices: | TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |