PR Newswire/euro adhoc/
EANS-Adhoc: Syzygy AG / Management Board and Supervisory Board
of SYZYGY AG
decide on share buyback
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
On December 4, 2012, the Management Board of SYZYGY AG resolved to buy back up
to 100,000 of SYZYGY AG shares (corresponding to 0.78 per cent of the capital
stock) via the stock exchange. The share buyback program lasts up until February
The share buyback is in line with the Annual General Meeting's resolution of May
28, 2010, to buy back treasury stock of up to 10 per cent of the capital stock.
The shares may be used for all the purposes authorized by the Annual General
Meeting on May 28, 2010. In particular, it is planned to use the shares as
compensation in the course of acquiring companies and to offer them to employees
of the SYZYGY Group as employee shares.
The purchase price for the shares may neither exceed nor fall short of the
average share price for the five trading days prior to the purchase commitment
by more than 10 per cent. The relevant prices for determining the average are
the closing prices for SYZYGY AG shares in electronic Xetra trading at the
Frankfurt Stock Exchange (FWB).
Further inquiry note:
issuer: Syzygy AG
Im Atzelnest 3
D-61352 Bad Homburg
phone: +49(0)6172 9488-100
FAX: +49(0)6172 9488-272
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
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-0- Dec/04/2012 14:03 GMT
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