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DGAP-Adhoc: HolidayCheck Group AG stops its share buy-back programme

eqs_en 
0 0 02.04.20
DGAP-Adhoc: HolidayCheck Group AG stops its share buy-back programme
 

DGAP-Ad-hoc: HolidayCheck Group AG / Key word(s): Share Buyback
HolidayCheck Group AG stops its share buy-back programme

02-Apr-2020 / 14:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

HolidayCheck Group AG stops its share buy-back programme

Munich, Germany, 2 April 2020 - HolidayCheck Group AG has so far acquired 368,647 of its treasury shares under the current share buy-back programme (as at 1 April 2020). This means that the company now holds a total of around 1.06 million treasury shares. Therefore, HolidayCheck Group AG will in all probability have enough of its treasury shares to be able to service the share tranche due at the beginning of July 2020 as part of the employee stock plan. Against the background of the current COVID-19 pandemic and the resulting economic uncertainties for the company, the Management Board today decided as a precaution to end the current share buy-back programme prematurely at the end of tomorrow's trading day (3 April 2020) in order to ensure the most flexible liquidity framework possible.


Contact:
HolidayCheck Group AG
Armin Blohmann
Neumarkter Str. 61
81673 München

Tel.: +49 89 357680 901
Fax: +49 89 357680 999

E-Mail: [email protected]
Information and Explanation of the Issuer to this News:

About HolidayCheck Group AG:
HolidayCheck Group AG (ISIN DE005495329), Munich, Germany, is one of Europe's leading digital travel firms for holidaymakers. With a total workforce of around 490, HolidayCheck Group AG comprises HolidayCheck AG (which operates hotel review and travel booking portals by the same name), HC Touristik GmbH (which operates the travel agent HolidayCheck Reisen), Driveboo AG (which operates the car rental portals MietwagenCheck and Driveboo) and WebAssets B.V. (which operates the Zoover hotel review portals and the MeteoVista/WeerOnline weather portals). HolidayCheck Group's vision is to become the world's most holidaymaker-friendly company in the world.



 

02-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: HolidayCheck Group AG
Neumarkter Str. 61
81673 München
Germany
Phone: +49 89 357680 901
Fax: +49 89 357680 999
E-mail: [email protected]
Internet: www.holidaycheckgroup.com
ISIN: DE0005495329
WKN: 549532
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1014277

 
End of Announcement DGAP News Service

1014277  02-Apr-2020 CET/CEST

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HolidayCheck Group AG Stock

€2.62
-6.670%
HolidayCheck Group AG took a tumble today and lost -€0.180 (-6.670%).

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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