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ECOTEL COMMUNICATION AG (FRA:E4C) ecotel communication ag: Final report on redemption of shares

Directive transparence : information réglementée

28/05/2014 14:09
DGAP-News: ecotel communication ag / Key word(s): Share Buyback ecotel communication ag: Final report on redemption of shares 28.05.2014 / 14:09 --------------------------------------------------------------------- Düsseldorf, 28 May, 2014 During the period between 31 March 31 and 27 May, 2014 ecotel communication ag (WKN 000585434/ ISIN DE0005854343) acquired a total of 90,000 shares of ecotel communication ag at an average price of EUR 8.70 per share. The acquisition of the non-par value shares was executed through the stock exchange in accordance with the ad-hoc report of 31 March, 2014 via the credit institute commissioned by ecotel communication ag. The number of redeemed shares corresponds to 2.3 % of the share capital of ecotel communication ag. The redemption of shares is now complete. Therefore, ecotel currently owns 390,000 shares of company stock, which corresponds to 10 % of the company's share capital. The information on the redemption of shares is also available on the company's website at www.ecotel.de under Investor Relations. About ecotel communication ag: Listed in the Prime Standard segment of the Frankfurt Stock Exchange, ecotel communication ag is a telecommunications company with activities in three business sectors throughout Germany. In the core segment of »Business Solutions« ecotel provides about 18,000 business customers with an integrated product portfolio consisting of voice, data and mobile communications solutions. This includes nationwide available and convergent bundled products, broadband data access on the basis of xDSL and Ethernet technologies, scalable networking of corporate locations (VPNs) as well as housing and hosting services. In the second segment, »Wholesale Solutions«, the ecotel group markets preliminary service products to other telecommunications companies. At the same time, the company achieves high traffic volumes in this segment, enhancing added value for the core segment of »Business Solutions«. In addition to the international wholesale voice activities of ecotel, mvneco GmbH is also included in this segment. The »New Business« segment covers new, fast-growing business segments and niches by means of independently operating subsidiaries. In addition to easybell GmbH, which is aligned to private customer business, nacamar GmbH, which now focuses exclusively on new media activities, is part of this independent business unit. The corporate group, with its main office in Düsseldorf, currently has about 210 employees, including subsidiaries and holdings. Note: This publication is not an offer for the sale nor an invitation for the purchase or subscription of securities. This publication is not a securities brochure. This publication and the information contained therein are not intended for direct or indirect dissemination to or within the United States of America, Canada, Australia or Japan. PR office: Business and Financial Media Annette Drescher (Assistant to the Managing Director) Phone: 0211-55 007-740 Fax: 0211-55 007 5 740 E-mail: presse@ecotel.de Business media Bernadette Loosen-Flanz (PR) Phone: 0211-55 007-316 Fax: 0211-55 007 5 316 E-mail: presse@ecotel.de For more information, please visit us on the web at www.ecotel.de End of Corporate News --------------------------------------------------------------------- 28.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's 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: ecotel communication ag Prinzenallee 11 40549 Düsseldorf Germany Phone: +49 (0)211 55 00 70 Fax: +49 (0)211 55 00 7 222 E-mail: info@ecotel.de Internet: http://www.ecotel.de ISIN: DE0005854343 WKN: 585434 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 270901 28.05.2014