Gildemeister Aktiengesellschaft / Key word(s): Share Buyback 25.08.2011 18:59 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. --------------------------------------------------------------------------- ad hoc-announcement according to Section 15 WpHG of GILDEMEISTER Aktiengesellschaft, Bielefeld (ISIN DE0005878003) GILDEMEISTER resolves upon share buyback Bielefeld, August 25, 2011 - The Executive Board of GILDEMEISTER AG, Bielefeld (ISIN DE0005878003) resolved to make use of the authorization to buy back shares of the company granted by the shareholders at the annual general meeting on May 14, 2010 in accordance with Section 71 para. 1 no. 8 of the German Stock Corporation Act (Aktiengesetz). Up to a total of 3,068,581 shares of the company will be repurchased (corresponding to approximately 5.1% of the company's capital share). The repurchased shares can be used for all purposes covered by the authorization of the annual general meeting; in particular, the company is considering to use the repurchased shares as an acquisition currency. Shares will be repurchased exclusively through the XETRA trade of Deutsche Börse AG (Frankfurt Stock Exchange). The share buyback will be conducted in compliance with the terms of trade detailed in Article 5 of Commission Regulation (EC) No. 2273/2003 of December 22, 2003. The value per share to be paid by the Company (excluding any incidental costs of purchase) shall not by more than 5% exceed or fall short of the price for the Company shares as established on the trading date through the opening auction in the electronic XETRA Trading System (or a functionally comparable system that replaces it) at the Frankfurt Stock Exchange. The share buyback will be executed by a credit institute which will decide on the time of the share's purchase independently and uninfluenced by the company. The share buyback will commence from August 26, 2011 and will end on December 31, 2011 at the latest. The company's Executive Board can decide to terminate the share buyback early at any time. GILDEMEISTER Aktiengesellschaft The Executive Board Statements relating to the future: This report contains statements relating to the future, which are based on current evaluations of the management regarding future developments. Such statements are subject to risks and uncertainties relating to factors that are beyond GILDEMEISTER's ability to control or estimate precisely, such as the future market environment and economic conditions. Such uncertainties may arise for GILDEMEISTER in particular as a result of the following factors: Changes in general economic and business conditions (including margin developments in the major business areas as well as the consequences of recession); the risk that customers may delay or cancel orders or become insolvent or that prices will be further depressed due to a constantly unfavourable market environment than we currently expect; developments in the financial markets including fluctuations in interest rates and exchange rates, in the price of raw materials, in borrowing and equity margins as well as the general financial situation; increasing volatility and further decline in the capital markets; a worsening of conditions for borrowing and, in particular, increasing uncertainty arising out of the mortgage, financial and liquidity crisis, as well as the future economic success of the core business areas in which we operate; challenges arising of the integration of major acquisitions and the implementation of joint ventures and the realisation of anticipated synergy effects and other significant portfolio measures; the introduction of competitive products or technologies by other companies; a lack of acceptance of new products and services in customer target groups of the GILDEMEISTER group; changes in corporate strategy; the outcome of public investigations and associated legal disputes as well as other official measures. Should one of these uncertainty factors or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results expressed in, or implied by, these statements. GILDEMEISTER disclaims any intention or special obligation to update any forward-looking statements to reflect any change in events or developments occurring after the reporting period. Forward-looking statements must not be understood as a guarantee or assurance of future developments or events contained therein. 25.08.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Gildemeister Aktiengesellschaft GildemeisterstraÃe 60 33689 Bielefeld Germany Phone: +49 (0)5205 74 30-01 Fax: +49 (0)5205 74 30-81 E-mail: info@gildemeister.com Internet: www.gildemeister.com ISIN: DE0005878003 WKN: 587800 Indices: MDAX Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Gildemeister Aktiengesellschaft: GILDEMEISTER resolves upon share buyback
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