DGAP-Adhoc: EQS Group AG: Implementation of the announced share repurchase offer of up to 3,000 shares for the employee participation program

2019. február 26., kedd, 15:44





DGAP-Ad-hoc: EQS Group AG / Key word(s): Share Buyback


EQS Group AG: Implementation of the announced share repurchase offer of up to 3,000 shares for the employee participation program


26-Feb-2019 / 15:44 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.




EQS Group AG: Implementation of the announced share repurchase offer of up to 3,000 shares for the employee participation program


 



Munich - 26 February 2019

 



As announced on 7 February 2019, the Management Board of EQS Group AG has decided to carry out a share repurchase of up to 3,000 of its own shares. On this basis, the Management Board of EQS Group AG decided today that the company should acquire up to 3,000 of its own shares at a total purchase price (excluding incidental transaction charges) of up to EUR 210.000. The share buy-back will commence on 28.02.2019 and is limited until 08.03.2019. The repurchased shares serve exclusively to implement an employee participation program "MyEQS Shareplan".



The share repurchase will be executed through the stock exchange. The share repurchase will be carried out by an independent bank which will make its trading decisions on the exact timing of the acquisition of shares independently of, and without any influence by, the Company within the specified time period. Pursuant to the agreement with the Company, the bank is obliged to comply with the safe harbor provisions of Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 in conjunction with the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 with regard to the purchase price.



Information on the transactions relating to the repurchase program will be published according to Article 2 of the Commission Delegated Regulation (EU) 2016/1052 no later than by the end of the seventh daily market session following the date of the execution of the transaction and will be made available on the Company"s website under https://www.eqs.com/home/company/investors/.



Person making the notification: André Marques, CFO






Contact:



André Marques



CFO



Tel.: +49 89-21029833



Mobile: +49 175-5250009



Email.: andre.marques@eqs.com











26-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: EQS Group AG

Karlstr. 47

80333 Munich

Germany
Phone: +49(0)89 210298-0
Fax: +49(0)89 210298-49
E-mail: info@eqs.com
Internet: www.eqs.com
ISIN: DE0005494165
WKN: 549416
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange





 
End of Announcement DGAP News Service




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