Asian Bamboo AG / Key word(s): Share Buyback
05.06.2011 22:06
Dissemination 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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Hamburg, 5 June 2011 - The Management Board of Asian Bamboo AG today
resolved to repurchase up to 100,000 ordinary shares of the Company. The
share buy back is based on and will be executed in accordance with the
authorization granted by the Annual General Meeting on 7 June 2010. The
share buy back will begin on 6 June 2011 and the shares will be purchased
in the open market. The maximum amount of shares to be repurchased per day
will not exceed 25 per cent of the average daily trading volume of Asian
Bamboo shares. The Company will engage an independent investment bank to
handle the share buy back.
For enquiries, please contact:
Asian Bamboo AG:
Peter Sjovall +852-9385 3868
Chief Financial Officer
Anja Holst +49-(0)40 37644 798
Investor Relations Manager
05.06.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Asian Bamboo AG
Stadthausbrücke 1-3
20355 Hamburg
Deutschland
Phone: +49 40 37644 798
Fax: +49 40 37644 500
E-mail: info@asian-bamboo.de
Internet: www.asian-bamboo.de
ISIN: DE000A0M6M79, DE000A0M6M79
WKN: A0M6M7, A0M6M7
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Asian Bamboo AG: Share Buy-Back
| Source: EQS Group AG