DGAP-Ad-hoc: MBB SE / Key word(s): Share Buyback
Disclosure of inside information acc. to Article 17 MAR
Berlin, 22 November 2021 - MBB SE (ISIN DE000A0ETBQ4), a medium-sized family business, today resolved to make use of the authorisation granted by the Annual General Meeting on 28 May 2019 to acquire treasury shares in accordance with section 71 (1) no. 8 of the AktG and to once more increase the current share buyback program. The program was originally announced on 01 June 2021, launched on 14 June 2021 and for the first time increased on 15 September 2021.
The volume of the current share buyback program will thus be increased by up to 30,000 treasury shares with a maximum additional volume of €5.0 million to a total of up to 90,000 shares with a maximum total volume of €15.0 million. This is already the second increase of the share buyback program of originally up to 30,000 treasury shares with a maximum volume of €5.0 million, which was increased for the first time on 15 September 2021 to up to 60,000 treasury shares with a maximum volume of €10.0 million.
Up to and including 19 November 2021, 57,452 shares with a volume of €7.7 million have been repurchased. Thus, up to 32,548 additional shares can be purchased until the end of the share buyback program on 31 December 2021.
The share buyback is carried out in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014, in conjunction with the provisions of Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016.
Further details on the share buyback will be published at www.mbb.com/ir/buyback.
Chairman of the Board and Executive Director
Court of Registration
22-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Joachimsthaler Strasse 34|
|Phone:||+49 (0) 30 844 15 330|
|Fax:||+49 (0) 30 844 15 333|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1251060|
|End of Announcement||DGAP News Service|
1251060 22-Nov-2021 CET/CEST