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THE SHARE IN ADLER MODEMÄRKTE AG

Share Buyback Program

Share Buyback Program finished in December 2012 as scheduled

The final status of the share buyback program and the volume of shares acquired you will find in the following schedule:

Further details of the Share Buyback Programm

The Management board of Adler Modemärkte AG resolved on August 14, 2012, following the consent of the Supervisory Board to once again partly exercise the authorisation granted by the Company’s extraordinary General Meeting on 30 May 2011 to acquire further treasury shares by acquiring up to 823,839 shares of the Company (approx 4.5% of the current share capital) until 31 December 2012 over the stock exchange. The consideration to be paid per share (excluding ancillary acquisition costs) must not exceed € 10.00 and will not be permitted to be more than 10% above or below the price determined for a share of the Company on the relevant stock exchange trading day in the opening auction of the Xetra trading system.

The shares repurchased may be used for any purpose approved by the resolution of the Company’s extraordinary General Meeting on 30 May 2011, in particular the shares may be offered and transferred to third parties in connection with company mergers or the acquisition of companies or equity investments in companies, the shares may be offered for purchase and transferred to members of the Management Board or employees of the Company or its Group companies, the shares may be offered for purchase and transferred to third parties who, as strategic partners of the Company or its Group companies, play a significant role in assisting the Company to achieve its corporate goals, or the shares may be used to satisfy the obligations of the Company arising out of convertible bonds issued or guaranteed by it.

The share repurchase shall be performed by a financial institution in compliance with the safe harbour regulations for share repurchases as set out in the Ordinance (EU) No. 2273/2003 of the European Commission. The financial institution mandated to perform the share repurchase will be entitled to decide on the timing of the acquisition of the shares independently from, and unaffected by, the Company. The share repurchase is expected to commence on 14 August 2012 and will be terminated on 31 December 2012 at the latest. The Management Board of Adler Modemärkte AG reserves the right to terminate the share repurchase at any time.

Final Share Buyback Program

Share Buyback Program finished on 30 June 2012 as scheduled

The final status of the share buyback program and the volume of shares acquired you will find in the following schedule:

Adler Share Buyback Program 2012 - All Transactions (22 kB)

Further details of the Share Buyback Programm

The Management board of Adler Modemärkte AG resolved on 12 January 2012 following the consent of the Supervisory Board to partly exercise the authorisation granted by the Company's extraordinary General Meeting on 30 May 2011 to acquire treasury shares by acquiring up to 1,000,000 shares of the Company (approx 5.4% of the current share capital) until 30 June 2012 over the stock exchange. The consideration to be paid per share (excluding ancillary acquisition costs) must not exceed EUR 10.00 and will not be permitted to be more than 10% above or below the price determined for a share of the Company on the relevant stock exchange trading day in the opening auction of the Xetra trading system. 

The shares repurchased may be used for any purpose approved by the resolution of the  Company's extraordinary General Meeting on 30 May 2011, in particular the shares may be offered and transferred to third parties in connection with company mergers or the acquisition of companies or equity investments in companies, the shares may be offered for purchase and transferred to members of the Management Board or employees of the Company or its Group companies, the shares may be offered for purchase and transferred to third parties who, as strategic partners of the Company or its Group companies, play a significant role in assisting the Company to achieve its corporate goals, or the shares may be used to satisfy the obligations of the Company arising out of convertible bonds issued or guaranteed by it. 

 

The share repurchase shall be performed by a financial institution in compliance with the safe harbour regulations for share repurchases as set out in the Ordinance (EU) No. 2273/2003 of the European Commission. The financial institution mandated to perform the share repurchase will be entitled to decide on the timing of the acquisition of the shares independently from, and unaffected by, the Company. The share repurchase is expected to commence on 16 January 2012 and will be terminated on 30 June 2012 at the latest. The Management Board of Adler Modemärkte AG reserves the right to terminate the share repurchase at any time.