27.03.2014
MBB Industries AG DE000A0ETBQ4
DGAP-Adhoc: MBB Industries AG successfully places treasury shares
MBB Industries AG / Key word(s): Transaction in Own Shares/Transaction in Own Shares
27.03.2014 15:45
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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MBB Industries AG successfully places treasury shares
- Placement price of EUR24.65 per share
- Increase in equity, liquidity and free float
- Cash inflow to be used primarily for further acquisitions
Berlin, 27 March 2014 - Based on the authorisation in the resolution by the
Annual General Meeting on 18 June 2012 in the version dated 17 June 2013,
the Managing Board of MBB Industries AG, which is listed in the Prime
Standard of the Frankfurt Stock Exchange (ISIN DE000A0ETBQ4; German
Securities Identification Number A0ETBQ), resolved on 27 March 2014, with
the approval of the Supervisory Board, to sell 144,201 treasury shares -
equivalent to the total number of treasury shares held by MBB Industries AG
- to an institutional investor by way of a private placement, with
shareholders' subscription rights disapplied. The sale was immediately
transacted indirectly via WGZ BANK AG Westdeutsche
Genossenschafts-Zentralbank at a price of EUR24.65 per share. The gross
proceeds of the transaction amounted to EUR3,554,554.65.
The placement of the treasury shares resulted in an increase in the equity
and free float of MBB Industries AG. The inflow of liquidity is to be used
in particular for future acquisitions.
About MBB Industries AG:
MBB Industries AG is a family-owned, medium-sized corporation that has
expanded steadily as a result of organic growth and the acquisition of
other companies since it was founded in 1995. Achieving a long-term
increase in the value of the individual companies and the Group as a whole
lies at the heart of its business model. This business model has been
highly profitable since the outset - substantial growth and sustainable
returns will remain MBB Industries AG's goal in future as well.
Further information on MBB Industries AG can be found on the Internet at
http://www.mbb.com
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MBB Industries AG
Joachimstaler Str. 34
10719 Berlin
Germany
Tel. +49 30 844 15 330
Fax +49 30 844 15 333
[email protected]
www.mbb.com
Managing Board
Dr. Christof Nesemeier
Supervisory Board
Gert-Maria Freimuth (Chairman), Dr. Peter Niggemann, Dr. Matthias
Rumpelhardt
Court of Registration
Berlin-Charlottenburg Local Court, registration number: HR 97470
27.03.2014 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: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Germany
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: [email protected]
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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