DGAP-Adhoc: WashTec AG: WashTec resolves share buy-back


WashTec AG  / Key word(s): Share Buyback

14.08.2012 14:11

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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Ad hoc notice under § 15 of the German Securities Trading Act (WpHG) 

WashTec AG: Share Buy-Back
Exercising the authority granted by the General Meeting of Shareholders on
May 5, 2010, the Management Board of WashTec AG (with the consent of the
Supervisory Board) has resolved to adopt a program to buy back the
Company's shares. During the period running to May 4, 2013, the Company may
acquire up to 400,000 of its own shares (corresponding to approx. 2.86% of
the Company's share capital) on the stock exchange. Such shares may, inter
alia, be re-sold in connection with the direct or indirect acquisition of
corporate entities, sub-entities or equity stakes or may be used for
potential future stock option programs. The Company reserves the right to
cancel shares acquired under the Buy-Back Program in whole or in part.

'The Share Buy-Back adopted by the Company reflects the Company's high cash
flows and operating profitability', Michael Busch, member of the Management
Board of WashTec AG, stated, 'and is in line with our return policy.'

WashTec AG, Argonstrasse 7, 86153 Augsburg
ISIN: DE0007507501
Listed: Official market in Frankfurt (Prime Standard); 
Over-the-counter in Berlin, Bremen, Düsseldorf, Munich and Stuttgart


14.08.2012 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:      WashTec AG
              Argonstraße 7
              86153 Augsburg
              Germany
Phone:        +49 (0)821 55 84-0
Fax:          +49 (0)821 55 84-1135
E-mail:       washtec@washtec.de
Internet:     www.washtec.de
ISIN:         DE0007507501
WKN:          750750
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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