CECONOMY AG

  • WKN: 725750
  • ISIN: DE0007257503
  • Land: Germany

Nachricht vom 25.02.2019 | 10:18

Final notification share buyback

CECONOMY AG / Release of a capital market information

25.02.2019 / 10:18
Dissemination of a Post-admission Duties announcement transmitted by DGAP -
a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Notification pursuant to art. 5 para. 1 lit. b of the Regulation (EU) No 596/2014 ('MAR') and art. 2 para. 2 and 3 of the Delegated Regulation (EU) 2016/1052 ('Delegated Regulation') With notification dated 20 February 2019 pursuant to art. 5 para. 1 lit. a MAR in conjunction with art. 2 para. 1 of the Delegated Regulation, CECONOMY AG has announced the commencement of its Third Share Buyback Program as from 21 February 2019. On 21 February 2019, CECONOMY AG purchased a total of 7,638 ordinary bearer shares in the context of the share buyback. As per 21 February 2019 the total number of shares bought back, the daily volume weighted average share prices and the daily total volume amounted were as follows:

Date               Total number of  Volume weighted    Total volume
                   shares bought    average share      (EUR)
                   back             price (EUR)

21 February 2019   7,638            4.950              37,807.89

Total              7,638            4.950              37,807.89


The Third Share Buyback Program is thereby concluded (as to the details of the Framework Program please refer to the notification dated 27 September 2018). On 21 February 2019, a total of 7,638 own ordinary bearer shares were acquired by CECONOMY AG. This corresponds to c. 0.002 percent of the Company's registered share capital and of the share capital issued as ordinary shares. The average purchase price per share paid at the stock exchange amounted to EUR 4.950. The purchase price paid in aggregate for the shares bought back amounted to EUR 37,807.89 (excluding ancillary costs). The shares bought back will be exclusively used to perform the Company's obligations to allot shares to the Company's employees within the meaning of art. 5 para. 2 lit. c MAR. The respective obligations result from a one-time commitment by the Company towards the employees of the Company to allot the shares to incentivize the employees. The shares bought back were exclusively acquired over the XETRA trading system of Frankfurt Stock Exchange by a credit institution instructed by CECONOMY AG. Pursuant to art. 2 para. 2 and 3 of the Delegated Regulation, further information regarding the transactions relating to the buyback program (including a detailed schedule of the individual trades) have been published on the website of CECONOMY AG, https://www.ceconomy.de, under 'Investor Relations' in the segment 'Legal Announcements'. CECONOMY AG The Management Board
25.02.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language: English Company: CECONOMY AG Benrather Straße 18-20 40213 Düsseldorf Germany Internet: www.ceconomy.de End of News DGAP News Service

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