Augusta Technologie AG / Share Buyback
02.01.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Munich, January 2, 2008. As announced on July 20, 2007, and on October 1,
2007, AUGUSTA Technologie AG (ISIN DE000A0D6612), the industrial concern
specializing in sensor systems and automation technology, has bought back a
total of 313,101 own shares over the stock exchange during August 1, 2007,
and December 31, 2007. This corresponds to 3.7 per cent of the 8,435,514
ordinary shares issued. The total amount of the buyback thus adds up to
about EUR 5.14 million.
The total number of treasury shares held by AUGUSTA Technologie AG as at
December 31, 2007, amounts to 318,100 shares respectively 3.8 per cent of
the ordinary shares issued. It is planned to use the treasury shares in the
course of company acquisitions.
As announced on December 11, 2007, the company today started the second
tranche of the share buyback program. Until December 13, 2008, ten per cent
of the share capital (respectively 843,551 shares) shall be bought back
over the stock exchange. This already comprises all buybacks accomplished
in the first tranche of the program.
In case of a buyback, the price (excluding transaction costs) at which the
shares are acquired may not be more than five per cent above or below the
market price. The relevant market price is the daily closing price of the
Company's shares as quoted in the XETRA® electronic trading system on the
three trading days before the shares are acquired in each case.
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Information and Explaination of the Issuer to this News:
For further information please contact Ingo Middelmenne, Investor Relations& Corporate Communications.
AUGUSTA Technologie AG
Ingo Middelmenne
Investor Relations & Corporate Communications
Willy-Brandt-Platz 3
81829 Munich, Germany
Phone 0049 - (0)89 - 43 57 155 - 19
Fax: 0049 - (0)89 - 43 57 155 - 59
E-mail: middelmenne@augusta-ag.de
About the company
AUGUSTA Technologie AG is an industrial concern focussing on the niche
markets of sensor systems and automation technology.
The Sensors division develops, produces and markets sensor systems for
customer-specific applications. The divisions product range comprises the
sale of individual pressure sensors through to the development of complex
sensor and measuring systems. The main areas of application are medical
technology, industrial plant engineering, the automotive industry, as well
as aerospace.
The Controls division delivers solutions for automation and quality
management of process cycles. Areas of application range from industrial
image processing through to automation solutions for logistics and special
vehicles.
In 2007 AUGUSTA plans to achieve sales revenues of EUR 116 to 120 million
and earnings before interests and taxes (EBIT) of EUR 15 to 17 million.
DGAP 02.01.2008
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Language: English
Issuer: Augusta Technologie AG
Willy-Brandt-Platz 3
81820 München
Deutschland
Phone: +49-(0)89-4357155-19
Fax: +49-(0)89-4357155-56
E-mail: investor-relations@augusta-ag.de
Internet: www.augusta-ag.de
ISIN: DE000A0D6612, DE0003705992
WKN: A0D661, 370599
Indices: CDAX, PRIMEALL
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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DGAP-Adhoc: Augusta Technologie AG closes first tranche of its share buyback program
| Source: EQS Group AG