Vtion Wireless Technology AG / Key word(s): Share Buyback
23.09.2014 13:35
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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Frankfurt, 23 September 2014. The management board and the supervisory
board of Vtion Wireless Technology AG, one of the leading suppliers of
wireless data solutions for mobile computing in China, today resolved to
redeem in total 1,084,855 treasury shares which had been acquired under a
voluntary public tender offer to all shareholders between 11 April 2014 and
9 May 2014 and to reduce the Company's share capital accordingly, both with
effect as of 1 October 2014.
The share capital of the Company from 1 October 2014 on therefore amounts
to EUR 12,213,640.00 and is divided into 12,213,640 no par value bearer
shares (Stückaktien) with a notional amount of the Company's share capital
of EUR 1.00 each.
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Information and Explaination of the Issuer to this News:
For further information, please contact:
Kirchhoff Consult AG
Andreas Friedemann
Phone: +49 40 60 91 86 50
andreas.friedemann@kirchhoff.de
or visit the company website at: www.vtion.de
Disclaimer:
This release is for information only and does not constitute an offer to
sell, purchase, exchange or transfer any securities or a solicitation of
any such offer in the United States or any other jurisdiction. The
securities referred to herein have not been and will not be registered
under the U.S. Securities Act of 1933, as amended (the 'Securities Act')
and may not be offered or sold in the United States absent registration or
an exemption from registration under the Securities Act. Neither Vtion
Wireless Technology AG ('Vtion') nor any other participant in the
transactions described herein intends to register any securities under the
Securities Act or with any securities regulatory authority of any state or
other jurisdiction in the United States in connection with the proposals
described in this announcement. The shares may not be offered to the public
in any jurisdiction in circumstances which would require the preparation or
registration of any prospectus or offering document relating to the shares
in such jurisdiction. No action has been taken by Vtion or any of its
affiliates that would permit an offering of the shares or possession or
distribution of this announcement or any other offering or publicity
material relating to such securities in any jurisdiction where action for
that purpose is required.
As far as this release contains forward-looking statements with respect to
the business, financial condition and results of operations of Vtion, these
statements are based on current expectations or beliefs of Vtion's
management. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results or performance of
the Company to differ materially from those reflected in such
forward-looking statements. Apart from other factors not mentioned here,
differences could occur as a result of changes in the overall economic
situation and the competitive environment - especially in the core business
segments and markets of Vtion. Also, the development of the financial
markets and changes in national as well as international provisions
particularly in the field of tax legislation and financial reporting
standards could have an effect. Terrorist attacks and their consequences
could increase the likelihood and the extent of differences. Vtion
undertakes no obligation to publicly release any revisions or updates to
these forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.
23.09.2014 The DGAP 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: Vtion Wireless Technology AG
Westhafenplatz 1 (Westfalen Tower)
60327 Frankfurt
Germany
Phone: +49 69 710 456 245
Fax: +49 69 710 456 248
E-mail: ir@vtion.de,Janina.schumann@kirchhoff.de
Internet: www.vtion.de
ISIN: DE000CHEN993
WKN: CHEN99
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Vtion Wireless Technology AG: Redemption of 1,084,855 treasury shares with effect as of 1 October 2014
| Source: EQS Group AG