Nexus AG
NEXUS AG: Executive Board of NEXUS starts stock buyback programme
NEXUS 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. ---------------------------------------------------------------------- Villingen-Schwenningen, October 31, 2007: Executive Board of NEXUS AG (stock symbol NXU) decided to start the stock buyback programme according § 71,1 No.8 AktG authorized by the Annual General Meeting of Shareholders on June 18, 2007. Executive Board was authorized until November 30, 2008, to buy back own shares of up to 10 percent of the Company's capital stock. The resolution of the Executive Board is designed for the purpose of purchasing own shares of the company one time or several times in line with market conditions and within the framework of the General Meeting of Shareholders empowerment to do so. The own shares should serve the company especially for partial financing of additional acquisitions. The paid equivalent value per share may not exceed the average price of the closing rates in XETRA trade (or a comparable follow-up system) at the Frankfurt/Main Securities Market for the stocks of the company during the last five stock market days before purchase of the stocks by more than 10% nor may they be more than 10% below these prices. It is in the interest of the company to obtain the lowest purchase price possible. Consequently, a lower minimum amount of 10% of the average price during the last five stock market days is set as the lower limit for the purchase of the company stocks. On the other hand, the leeway for purchasing stocks at a purchase price higher than the stock market price is limited to a markup of up to 10%. Management shall consider and decide as in duty bound within this framework. All transactions will be announced at the website of NEXUS AG (www.nexus-ag.de) monthly after they been effected. Further Information: NEXUS AG Mr. Simon Holzer Tel.: +49 77 21/84 82 0 Fax: +49 77 21/84 82 888 ir@nexus-ag.de www.nexus-ag.de 31.10.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: NEXUS AG Auf der Steig 6 78052 Villingen-Schwenningen Deutschland Phone: +49 (0)7721 8482-0 Fax: +49 (0)7721 8482-888 E-mail: mail@nexus-ag.de Internet: www.nexus-ag.de ISIN: DE0005220909 WKN: 522090 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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