EDAG Engineering Group AG

DGAP-News: EDAG Engineering Group AG: Purchase of additional shares by ATON


DGAP-News: EDAG Engineering Group AG / Key word(s): Miscellaneous
EDAG Engineering Group AG: Purchase of additional shares by ATON

13.12.2016 / 09:27
The issuer is solely responsible for the content of this announcement.

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Corporate News


EDAG Engineering Group AG:
Purchase of additional shares by ATON

Arbon, December 13th, 2016.EDAG Engineering Group AG (EDAG), ISIN CH0303692047,
has been informed by its shareholder ATON today that additional 483,757 EDAG
shares have been acquired in an off-market transaction by ATON.
ATON further informed EDAG that, until further notice, it intends to continue
the scheme to buy EDAG shares according to the conditions as communicated on
August 23, 2016. The 483,757 shares that have now been acquired shall not be
offset against the maximum number of EDAG shares purchased in the scheme.


About EDAG

EDAG is an independent engineering services provider to the global automotive
industry. The company serves leading domestic and international vehicle OEMs and
sophisticated automotive suppliers through a global network of about 60 sites in
major automotive centres of the world.

EDAG offers complementary engineering services across its Vehicle Engineering,
Electrics/Electronics and Production Solutions businesses. Based on these
extensive capabilities, EDAG can support clients across the entire value chain
from the original design idea to product development and prototype construction
all the way to the delivery of turnkey production systems. As a technology and
innovation leader, EDAG also operates established centres of excellence that
design landmark technologies for future applications in the automotive industry,
lightweight construction, electric mobility, car IT and new production
technologies.

In financial year 2015, the company generated core revenues of EUR 722 million
and an adjusted core EBIT of EUR 72.9 million. As at 31 December 2015, 8,139
employees (including apprentices) worked for EDAG in 19 countries.


Contact:

Investor Relations
Sebastian Lehmann
Head of Investor Relations
Phone:+49 (0) 611- 7375 168
Mail:ir@edag-group.ag
ir.edag.de

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13.12.2016  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English

Company:  EDAG Engineering Group AG

          Schlossgasse 2

          9320 Arbon

          Switzerland

Phone:    +41 71 54433-0

E-mail:ir@edag-group.ag

Internet: www.edag.com

ISIN:     CH0303692047

WKN:      A143NB

Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial
Market in Berlin, Dusseldorf, Munich, Stuttgart



 

End of News DGAP News Service

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