Schaltbau Holding AG resolves to sell treasury shares

Schaltbau Holding AG / Key word(s): Transaction in Own Shares
27.09.2016 20:19

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Schaltbau Holding AG resolves to sell treasury shares
Munich, 27 September 2016 – The Executive Board of Schaltbau Holding AG has resolved, with the agreement of the Supervisory Board, to sell 125,000 treasury shares (corresponding to approximately 2.03% of issued share capital) out of the 132,645 treasury shares held by the Company, with the subscription rights of existing shareholders excluded. The shares will be sold on behalf of the Company by Oddo Seydler Bank AG, Frankfurt, with a view to impacting the market price as little as possible.
Proceeds from the placement of the treasury shares will increase the Company’s financial flexibility in terms of general business operations on the one hand and for potential portfolio expansions on the other.
Contact:
Wolfdieter Bloch . Schaltbau Holding AG . Hollerithstr. 5 . 81829 Munich Tel: +49 (0) 89 93005 209 . E-mail: bloch@schaltbau.de

27.09.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      Schaltbau Holding AG
              Hollerithstraße 5
              81829 Munich
              Germany
Phone:        089 – 93005 – 209
Fax:          089 – 93005 – 318
E-mail:       bloch@schaltbau.de
Internet:     www.schaltbau.de
ISIN:         DE0007170300
WKN:          717030
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart,               Tradegate Exchange
 
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