SinnerSchrader AG

euro adhoc: SinnerSchrader AG
SinnerSchrader re-initiates its share repurchase programme

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 15.10.2008 The Management Board and the Supervisory Board of SinnerSchrader AG have decided to re-initiate the share repurchase programme, which was launched in July 2007 and expired on 30 June 2008. On the basis of the authorisation granted by the Annual General Meeting of 19 December 2007, SinnerSchrader AG will buy back its shares on the market initially limited in time until 31 December 2008. The repurchases will, however, be stopped as soon as SinnerSchrader AG's holdings of treasury stock reach 10 per cent of common stock. The programme serves the purposes authorised by the Annual General Meeting and therefore all of the purposes permissible under Article 71 para. 1 No. 8 of the German Stock Corporation Act ("Aktiengesetz"). Under the terms of this repurchase of treasury stock, the purchase price per share (excluding ancillary purchasing costs) may not be more than 10 per cent above or below the average closing price on the Xetra index on the five trading days prior to the purchase. A bank has been instructed to execute the repurchases. The bank was bound to act in accordance with the trading conditions stipulated in Article 5 of Regulation (EC) No. 2273/2003 issued by the Commission on 22 December 2003. SinnerSchrader will provide information about the scope of the repurchases that were transacted, indicating the purchase dates, the number of shares, and the prices at which the repurchases were made, within seven trading days at the latest, on its website for investors The company will also report on the repurchase programme and its treasury stock within the scope of periodical financial reporting as well as at the next Annual General Meeting. About SinnerSchrader SinnerSchrader is one of the leading interactive agencies in Germany. SinnerSchrader develops interactive customer experiences that radically deepen the relationships between brands and consumers. SinnerSchrader was founded in 1996, has been quoted on the stock exchange since 1999, and has over 200 employees at its Hamburg and Frankfurt am Main sites. Contact: SinnerSchrader Aktiengesellschaft Thomas Dyckhoff, CFO T. +49. 40. 39 88 55-0 Martin Recke, Corporate Communication T. +49. 40. 39 88 55-181 E-mail: F. +49. 40. 39 88 55-100 end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: SinnerSchrader AG Im Internet recherchierbar: Further inquiry note: Thomas Dyckhoff CFO Telefon: +49(0)40 398855-150 E-Mail: Branche: Software ISIN: DE0005141907 WKN: 514190 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 München / free trade

Das könnte Sie auch interessieren: