DGAP-Adhoc: Powerland AG: Extension of Share Buyback Programme

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| Source: EQS Group AG
Powerland AG  / Key word(s): Share Buyback

17.06.2014 10:25

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.

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Extension of Share Buyback Programme

Frankfurt / Main, 17 June 2014 - The Management Board of Powerland AG (ISIN
DE000PLD5558 / Prime Standard) has resolved with the approval of the
Supervisory Board to further extend the share buyback programme of the
Company, which has been initiated in July 2013 and extended in January 2014
until 30 June 2014, until 31 January 2015.

The total volume of the extended share buyback programme will be up to
1,000,000 shares in the Company at a maximum purchase price of EUR 8.00.

Based on the current share buyback programme the Company has acquired
approx. 450,000 shares corresponding to approx. 3 % of the registered share
capital of the Company.

For further information please contact:

Powerland AG
Lyoner Strasse 14
60528 Frankfurt am Main
Germany
Tel: +49 (0) 69 66 554 - 459 
Fax: +49 (0) 69 66 554 - 276 
E-mail: ir@powerland.ag
Home: http://www.powerland.ag


17.06.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Powerland AG
              Lyoner Straße 14
              60528 Frankfurt am Main
              Germany
Phone:        +49 69 - 66554-459
Fax:          +49 69 - 66554-276
E-mail:       ir@powerland.ag
Internet:     www.powerland.ag
ISIN:         DE000PLD5558
WKN:          PLD555
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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