AURELIUS AG launches share buy-back

AURELIUS AG launches share buy-back

Munich/Grünwald, August 26, 2014 - AURELIUS AG (ISIN DE000A0JK2A8) has decided to buy back shares in the company in line with the authorization granted by the company’s annual general meeting on May 21, 2014. To this end, a total of up to 3,168,000 shares in AURELIUS AG – limited to a value not in excess of EUR 15 million –are to be purchased in the period from August 25, 2014 to June 30, 2015. The shares involved may be used for all of the purposes stated in the authorization resolution adopted by the annual general meeting.

The share buy-back will be lead-managed by a bank, with the program taking place in accordance with Section 14 (2) and Section 20a of the German Securities Trading Act (WpHG), taking into account the so-called safe-harbor regulations set forth in Commission Regulation (EC) No 2273/2003. In accordance with Article 6 para. 3b) of Commission Regulation (EC) No 2273/2003, the bank will make its decisions regarding the timing of the purchase and the volume of the individual buy-back of shares in AURELIUS AG independently of, and without influence by, AURELIUS AG.

In line with the authorization granted by the company’s annual general meeting, the purchase price of the shares (excluding incidental purchase costs) may not be more than 10 percent greater or less than the average Xetra 1 segment closing price on the Frankfurt Stock Exchange on the three trading days preceding the purchase. 

The bank is required to comply with the trading conditions set forth in Article 5 of Commission Regulation (EC) No 2273/2003. In particular, not more than 25% of the average daily volume of the shares on the stock exchange on which the purchase is carried out will be purchased. This average daily volume figure is based on the average daily volume traded in the 20 trading days preceding the date of purchase.

Where necessary and legally permissible, the buy-back program may be suspended and re-commenced at any time. AURELIUS AG will disclose any trades taking place under the share buy-back program on a weekly basis in the Investor Relations section of its website.