Adler Modemärkte AG / Key word(s): Transaction in Own Shares 13.01.2014 18:18 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc announcement according to section 15 of the German Securities Trading Act ('WpHG') by Adler Modemärkte AG Management Board of Adler Modemärkte AG resolves to sell treasury shares Haibach, 13 January 2014 - The Management Board of Adler Modemärkte AG (ISIN DE 000A1H8MU2) today resolved with the prior approval of the Supervisory Board to exercise the authorisation granted by the general meeting of 13 June 2013 to use treasury shares and to sell up to 888,803 treasury shares (up to approx. 4.8% of the current share capital) at short notice in a manner other than through the stock exchange or by making offers to all shareholders and by excluding the shareholders' subscription right. It is intended to offer the treasury shares for acquisition to qualified investors in Germany and in other European countries by way of an accelerated bookbuilding in connection with a private placement without the publication of a prospectus. The selling price will be determined immediately following the completion of the bookbuilding process and must not be substantially lower than the stock exchange price of shares of the Company carrying the same rights at the time of the sale. Adler Modemärkte AG intends to use the proceeds from the sale accruing to it for purposes of its medium-term strategy, inter alia for seizing attractive opportunities to make specific acquisitions. Further, the additional funds will enable ADLER to take new and additional approaches in global sourcing as part of the extension of its direct procurement which ADLER has pursued for some time now. DISCLAIMER: This publication constitutes neither an offer to sell nor an initiation to buy securities. No public offering has been or will be implemented and no prospectus has been or will be published in connection with the transaction. The shares of Adler Modemärkte AG (the 'Shares') must not be offered or sold in the United States or to or for the account of 'U.S. persons' (as such term is defined in Regulation S of the Securities Act of 1933 as amended (the 'Securities Act')) absent registration or an exemption from registration under the Securities Act. The Shares have not been and will not be registered under the Securities Act or publicly offered in the United States. This publication and the information contained therein is not intended for distribution in the United States of America, Canada, Japan or Australia. Contact Adler Modemärkte AG: Adler Modemärkte AG Investor Relations Tel.: +49 6021 633 1828 Fax: +49 6021 633 1417 E-Mail: investorrelations@adler.de 13.01.2014 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: Adler Modemärkte AG IndustriestraÃe Ost 1-7 63808 Haibach Germany Phone: +49 (0) 6021 633 0 Fax: +49 (0) 6021 633 1299 E-mail: info@adler.de Internet: www.adlermode.com ISIN: DE000A1H8MU2 WKN: A1H8MU Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Adler Modemärkte AG: Management Board of Adler Modemärkte AG resolves to sell treasury shares
| Source: EQS Group AG