DGAP-Adhoc: Allgeier SE: Allgeier approves share purchase

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News Desk 2018
DGAP-Adhoc: Allgeier SE: Allgeier approves share purchase program 2014

ALLGEIER SE / Key word(s): Share Buyback 29.07.2014 16:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, July 29, 2014 - Allgeier SE (ISIN DE0005086300, WKN 508630) is launching a share repurchase program. At its meeting today, the company's Executive Board passed a resolution to approve this program. This program will run initially until April 30, 2015. This resolution is based on the authorization to purchase the company's own shares pursuant to Section 71 (1) subsection 8 of the German Stock Corporation Act (AktG), which was approved by the company's Shareholders' General Meeting on June 17, 2014. Allgeier SE holds a total of 67,291 treasury shares today. This corresponds to 0.74% of the share capital. In particular, the acquired treasury shares are to serve the purpose that the company can utilize such shares as consideration when purchasing companies or interests in companies. The share purchase program comprises the following key aspects: - Volume of up to 800,000 ordinary shares (8.82% of the share capital) - Acquisition through the stock market - Execution by a bank which performs the purchases independently while complying with a maximum purchase price - Compliance with the regulations of the German Stock Corporation Act and the German Securities Trading Act (in particular, Section 20a of EC Directive No. 2273/2003) - Conclusion of the program on April 30, 2015 Contact: Allgeier SE Corporate Communications & Investor Relations Dr. Christopher Große Wehrlestraße 12 81679 Munich, Germany Tel.: +49 (0)89/998421-0 Fax: +49 (0)89/998421-11 E-mail: ir@allgeier.com Web: www.allgeier.com Allgeier SE is one of the leading IT companies for Business Performance today: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model. Operating divisions, each with their individual specialist or sector-related focal points, work together for more than 2,000 customers from almost all sectors. With more than 4,600 salaried employees and over 1,300 freelance IT experts, Allgeier, as a one-stop shop, offers customers a comprehensive portfolio of solutions and services. Allgeier's customers include globally operating groups as well as innovative medium-sized operations that wish to secure strategic advantages through high-performing IT solutions, intelligent software and flexible personnel services. This high-growth company, which is based in Munich, Germany, operates at more than 90 sites in the German-speaking region, and at further locations in the rest of Europe, as well as in India, Mexico and the USA. Allgeier generated EUR 478 million of revenue in 2013. Allgeier SE was ranked first in the Lünendonk(R) List 2014 of "Leading German medium-sized IT consulting and system integration companies". The Allgeier Experts Division ranks among the top three IT personnel service-providers in Germany according to the Lünendonk(R) 2013 market segment study "The market for recruiting, mediating and managing IT freelancers in Germany". The company is listed on the regular market of the Frankfurt Stock Exchange in the General Standard segment (WKN 508630/ISIN DE0005086300). Further information is available on the company's website at: www.allgeier.com. 29.07.2014 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: ALLGEIER SE Wehrlestraße 12 81679 München Germany Phone: +49 (0) 89 - 99 84 21 0 Fax: +49 (0) 89 - 99 84 21 11 E-mail: info@allgeier.com Internet: http://www.allgeier.com ISIN: DE0005086300 WKN: 508630 Indices: CDAX Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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