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MBB SE resolves further increase of share buyback program 2021

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MBB SE / Key word(s): Share Buyback
MBB SE resolves further increase of share buyback program 2021

22-Nov-2021 / 15:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Disclosure of inside information acc. to Article 17 MAR

MBB SE resolves further increase of share buyback program 2021

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.

 

MBB SE
Joachimsthaler Straße 34
10719 Berlin
Tel +49 30 844 15 330
Fax +49 30 844 15 333
ir@mbb.com
www.mbb.com

Executive Management
Dr Constantin Mang (CEO)
Dr Jakob Ammer
Torben Teichler

Chairman of the Board and Executive Director
Dr Christof Nesemeier

Court of Registration
Berlin-Charlottenburg Local Court, registration number: HRB 165458

22-Nov-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

MBB SE

Joachimsthaler Strasse 34

10719 Berlin

Germany

Phone:

+49 (0) 30 844 15 330

Fax:

+49 (0) 30 844 15 333

E-mail:

anfrage@mbb.com

Internet:

www.mbb.com

ISIN:

DE000A0ETBQ4

WKN:

A0ETBQ

Indices:

PXAP

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

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