euro adhoc: ComBOTS AG
Buybacks
ComBOTS AG share buyback program -
Cancellation of purchase price limit
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
11.01.2006
The Executive Board of ComBOTS AG (ISIN: DE000CMBT111) has decided today to change the conditions of the current share buyback program which was announced via ad hoc release on November 23, 2005. The original purchase price limit of 11.10 Euro per ComBOTS share regarding the buyback program was cancelled with immediate effect.
Due to the positive stock price development of the 5.8 million United Internet shares held, the companys assets value in cash and cash equivalents has increased clearly since the resumption of the buyback program. Based on this fact alone, the Executive Board regards the share buyback as very attractive - even beyond the originally fixed limit.
However, the purchase price paid per share (excluding transaction costs) must not exceed the arithmetic mean of the XETRA closing prices on the four (Stock) Exchange trading days preceding the respective acquisition of own shares by more than 10 percent, or fall short of the same mean by more than 20 percent.
end of announcement euro adhoc 11.01.2006 10:13:50
Further inquiry note:
Silvia Teschner
Assistant Investor Relations
Tel.: +49 (0)721 5160 2701
E-Mail: silvia.teschner@combots.com
Branche: Online
ISIN: DE000CMBT111
WKN: CMBT11
Index: TecDAX, Midcap Market Index, HDAX, Prime All Share, CDAX
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade