GAGFAH S.A. / Key word(s): Share Buyback
31.07.2011 17:29
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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GAGFAH S.A.
2-4, rue Beck
L-1222 Luxembourg
ISIN: LU0269583422
Frankfurt Stock Exchange, Official Market (Prime Standard)
GAGFAH S.A.: AD-HOC-NOTIFICATIONPURSUANT TO SECTION 15 OF THE SECURITIES
TRADING ACT
GAGFAH S.A. ends share buyback program
Luxembourg, July 31, 2011. Today the board of directors of GAGFAH S.A.,
Luxembourg, resolved to end the program which commenced on December 8,
2010, to repurchase a number of shares equivalent to an overall purchase
price of up to EUR 125,000,000.00. A total of 5,632,247 shares with a
proportionate amount of the share capital of EUR 7,040,308.75 and thus
approximately 2.5% of the issued share capital have been repurchased at an
average price of EUR 6,78 and, consequently, a total consideration of EUR
38,197,689.09.
GAGFAH S.A. reserves the right to resume share buybacks in the same or in a
different form.
About GAGFAH S.A.
GAGFAH S.A. is a joint stock corporation organized under the laws of the
Grand Duchy of Luxembourg qualifying as a securitization company under the
Luxembourg Securitization Law of March 22, 2004. The core business of
GAGFAH S.A.'s operating subsidiaries is the ownership and management of a
geographically diversified and well maintained residential property
portfolio located throughout Germany. With a portfolio of approximately
155,000 apartments, GAGFAH is the largest German listed residential
property company.
Contact:
GAGFAH S.A.
2-4, rue Beck
L-1222 Luxemburg
Grand Duchy of Luxemburg
Tel: +352 266 366 21
rhoffmann@gagfah.com
31.07.2011 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: GAGFAH S.A.
2-4, rue Beck
1222 Luxemburg
Grand Duchy of Luxembourg
Phone: + 352 266 366 1
Fax: + 352 266 366 01
E-mail: info@gagfah.com
Internet: www.gagfah.com
ISIN: LU0269583422, LU0269583422
WKN: A0LBDT
Indices: MDAX
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: GAGFAH S.A. ends share buyback program
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