DGAP-Adhoc: NEXUS AG: Executive Board of NEXUS intends to start buyback program


NEXUS AG  / Key word(s): Share Buyback

19.12.2011 11:50

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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Villingen-Schwenningen, December 19, 2011: Executive Board of NEXUS AG
(stock symbol NXU) intended to start the decided stock buyback program
according § 71,1 No.8 AktG authorized by the Annual General Meeting of
Shareholders on June 14, 2010.

Executive Board was authorized until May 31, 2015, to buy back own shares
of up to 10 percent of the Company's capital stock. The resolution of the
Executive Board is designed for the purpose of purchasing own shares of the
company one time or several times in line with market conditions and within
the framework of the General Meeting of Shareholders empowerment to do so.
The own shares should serve the company especially for partial financing of
additional acquisitions.

The paid equivalent value per share may not exceed the average price of the
closing rates in XETRA trade (or a comparable follow-up system) at the
Frankfurt/Main Securities Market for the stocks of the company during the
last five stock market days before purchase of the stocks by more than 10%
nor may they be more than 10% below these prices. It is in the interest of
the company to obtain the lowest purchase price possible. Consequently, a
lower minimum amount of 10% of the average price during the last five stock
market days is set as the lower limit for the purchase of the company
stocks. On the other hand, the leeway for purchasing stocks at a purchase
price higher than the stock market price is limited to a markup of up to
10%. Management shall consider and decide as in duty bound within this
framework.

All transactions will be announced at the website of NEXUS AG
(www.nexus-ag.de) monthly after they been effected.


Additional information:

NEXUS AG
Mr. Simon Holzer

Tel.: +49 (0) 77 21/84 82 0
Fax: +49 (0) 77 21/84 82 888
ir@nexus-ag.de 
www.nexus-ag.de. 




19.12.2011 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:      NEXUS AG
              Auf der Steig 6
              78052 Villingen-Schwenningen
              Germany
Phone:        +49 (0)7721 8482-0
Fax:          +49 (0)7721 8482-888
E-mail:       mail@nexus-ag.de
Internet:     www.nexus-ag.de
ISIN:         DE0005220909
WKN:          522090
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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