DGAP-Adhoc: Allgeier SE: Allgeier approves share purchase program 2014

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

29.07.2014 16:52

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Munich, July 29, 2014 - Allgeier SE (ISIN DE0005086300, WKN 508630) is
launching a share repurchase program. At its meeting today, the company's
Executive Board passed a resolution to approve this program. This program
will run initially until April 30, 2015. This resolution is based on the
authorization to purchase the company's own shares pursuant to Section 71
(1) subsection 8 of the German Stock Corporation Act (AktG), which was
approved by the company's Shareholders' General Meeting on June 17, 2014.

Allgeier SE holds a total of 67,291 treasury shares today. This corresponds
to 0.74% of the share capital.

In particular, the acquired treasury shares are to serve the purpose that
the company can utilize such shares as consideration when purchasing
companies or interests in companies.

The share purchase program comprises the following key aspects:

  - Volume of up to 800,000 ordinary shares (8.82% of the share capital)

  - Acquisition through the stock market 

  - Execution by a bank which performs the purchases independently while
    complying with a maximum purchase price

  - Compliance with the regulations of the German Stock Corporation Act and
    the German Securities Trading Act (in particular, Section 20a of EC
    Directive No. 2273/2003)

  - Conclusion of the program on April 30, 2015

Contact:
Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Wehrlestraße 12
81679 Munich, Germany
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com

Allgeier SE is one of the leading IT companies for Business Performance
today: Allgeier combines the advantages of an international provider with
the merits of medium-sized companies with a growth strategy oriented
consistently to innovations and future trends, and an integrative business
model. Operating divisions, each with their individual specialist or
sector-related focal points, work together for more than 2,000 customers
from almost all sectors. With more than 4,600 salaried employees and over
1,300 freelance IT experts, Allgeier, as a one-stop shop, offers customers
a comprehensive portfolio of solutions and services. Allgeier's customers
include globally operating groups as well as innovative medium-sized
operations that wish to secure strategic advantages through high-performing
IT solutions, intelligent software and flexible personnel services. This
high-growth company, which is based in Munich, Germany, operates at more
than 90 sites in the German-speaking region, and at further locations in
the rest of Europe, as well as in India, Mexico and the USA. Allgeier
generated EUR 478 million of revenue in 2013. Allgeier SE was ranked first
in the Lünendonk(R) List 2014 of "Leading German medium-sized IT consulting
and system integration companies". The Allgeier Experts Division ranks
among the top three IT personnel service-providers in Germany according to
the Lünendonk(R) 2013 market segment study "The market for recruiting,
mediating and managing IT freelancers in Germany". The company is listed on
the regular market of the Frankfurt Stock Exchange in the General Standard
segment (WKN 508630/ISIN DE0005086300). Further information is available on
the company's website at: www.allgeier.com.


29.07.2014 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:      ALLGEIER SE
              Wehrlestraße 12
              81679 München
              Germany
Phone:        +49 (0) 89 - 99 84 21 0
Fax:          +49 (0) 89 - 99 84 21 11
E-mail:       info@allgeier.com
Internet:     http://www.allgeier.com
ISIN:         DE0005086300
WKN:          508630
Indices:      CDAX
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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