EANS-Adhoc: Sixt Aktiengesellschaft Sixt Aktiengesellschaft plans further
share buy back of up to 1.116 million shares for a total of not more than EUR 20
million
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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10.10.2011
Ad hoc disclosure in accordance with section 15 WpHG
Sixt AG, Zugspitzstr. 1, 82049 Pullach
WKN: 723132, ISIN: DE0007231326
WKN: 723133, ISIN: DE0007231334
Frankfurt Stock Exchange, Prime Standard Segment
Share buy back
Sixt Aktiengesellschaft plans further share buy back of up to 1.116 million
shares for a total of not more than EUR 20 million
Pullach, 10 October 2011 - Today, with the consent of the Supervisory Board, the
Managing Board of Sixt Aktiengesellschaft decided to exercise once again the
share buy back authorisation granted by the General Meeting on 17 June 2010, and
to purchase up to 1,116,120 of the Company´s own ordinary and preference shares
on the market for a total of not more than EUR 20 million (not including
incidental expenses).
On the basis of the current trading price for the Company´s ordinary and
preference shares and the established maximum limit, the roughly 1.116 million
no-par bearer shares to be purchased will amount to about 4.4 per cent of the
share capital as of the authorisation date. The distribution between ordinary
and preference shares will be based on the availability of these share
categories for trading on the market. After adding in the Company´s current
holdings of own shares, this operation will use up the entire amount authorised
by the General Meeting on 17 June 2010.
The buy back is intended to reduce capital by retiring stock. It will be carried
out in compliance with section 14(2) of the German Securities Trading Act
(WpHG), in conjunction with EC Regulation 2273/2003 (known as the "Safe Harbour"
regulation).
The share buy back is to begin no earlier than 10 October 2011 and end by 31
December 2012.
Contact:
Frank Elsner
Sixt Central Press Office
T +49 - 89 - 992 496 - 30
F +49 - 89 - 992 496 - 32
E-Mail: pressrelations@sixt.com
Further inquiry note:
Investor Relations
+49 (0)89-74444-5104
InvestorRelations@sixt.de
end of announcement euro adhoc
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issuer: Sixt Aktiengesellschaft
Zugspitzstraße 1
D-82049 Pullach
phone: +49 (0) 89 744445104
FAX: +49 (0) 89 7444485104
mail: InvestorRelations@sixt.de
WWW: http://www.sixt.de
sector: Automotive Equipment
ISIN: DE0007231326, DE0007231334
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, regulated dealing:
München
language: English