P&I Personal & Informatik AG

EANS-Adhoc: P&I Personal & Informatik AG
P&I extends share buyback scheme Plans for dividend payout of one euro per share

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 17.03.2009 With the go-ahead from its Supervisory Board, P&I Personal & Informatik AG decided today it would extend the term of its share buyback scheme, launched on October 23, 2008, pushing the scheduled March 31, 2009 cut-off date back to September 30, 2009. From the start date to March 16, 2009, P&I had repurchased 122,871 shares through the stock exchange. However, as the target number of shares designated in October 2008 for repurchase has not yet been reached, the scheme is to be prolonged. The same conditions will apply - in particular, as before, the share price paid shall not be more than 10 percent or less than 20 percent of the price for the company share (plus costs and fees) established at the opening auction in XETRA trading on the Frankfurt Stock Exchange on the day of purchase. Repurchasing will also continue to be transacted through the Designated Sponsor, Close Brothers Seydler, AG, Frankfurt am Main, in compliance with Commission Regulation (EC) No. 2273/2003 of December 22, 2003. P&I Personal & Informatik AG will post updates on the progress of the share buyback scheme on its website, under Our company/Investor Relations/Overview share buyback. Given the company's positive business development and profits carried forward of 8.6 million euros, the Supervisory Board has also approved the Board of Directors' intention of proposing a dividend of one euro per no-par share to the next shareholders' meeting. This is expected to represent a payout of 100 percent from the annual profit P&I Personal & Informatik AG for the fiscal year ending on March 31, 2009. The Board of Directors had recently announced a payout of around just 50 percent of the annual profit. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: P&I Personal & Informatik AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Andreas Granderath +49 (0)611 7147-267 agranderath@pi-ag.de Branche: Software ISIN: DE0006913403 WKN: 691340 Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Frankfurt / regulated dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

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