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EQS-News: AMADEUS FIRE AG: Amadeus FiRe repurchases 5% of its own shares as part of its public share repurchase offer


EQS-News: AMADEUS FIRE AG / Key word(s): Share Buyback
AMADEUS FIRE AG: AMADEUS FIRE repurchases 5% of its own shares as part of its public share repurchase offer

19.10.2023 / 19:28 CET/CEST
The issuer is solely responsible for the content of this announcement.


NOT FOR PUBLICATION, DISTRIBUTION OR DISSEMINATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, WITHIN OR FROM THE UNITED STATES OF AMERICA OR ANY OTHER COUNTRY WHERE DOING SO WOULD BE IN VIOLATION OF APPLICABLE LAW. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

 

Frankfurt/Main, 19 October 2023. The public share repurchase offer of Amadeus FiRe AG, announced on 25 September 2023 was well received and significantly oversubscribed at the end of the acceptance period. The offer related to a repurchase of a total of up to 285,903 shares for €112.50 per share, which is equal to 5% of all Amadeus FiRe shares. Since the total number of offered shares exceeds this maximum number, declarations of acceptance for up to 100 offered Amadeus FiRe shares will, as provided for in the offer, be given preferential consideration in full and otherwise on a pro rata basis. The settlement of the repurchase offer is expected to take place on 26 October 2023.

The total purchase price for the repurchase of the shares amounts to approximately € 32.2 million.

The Company will hold approximately 5% of its capital stock as treasury shares after the transaction is finalised. The own shares held by Amadeus FiRe AG do not bear voting or dividend rights.

Further information on the repurchase offer are available on the company's website under https://www.amadeus-fire.de/en/investor-relations/share-repurchase-2023/

 

IMPORTANT NOTICE
This announcement and any materials published in connection therewith are not for publication, distribution or dissemination, in whole or in part, directly or indirectly, in, within or from the United States of America or any other country where doing so would constitute a violation of the applicable laws of such country. They are not directed to, or intended for publication, distribution or dissemination to or intended for use by such persons who are citizens or residents of the United States of America or of any state, country or other jurisdiction in which the publication, distribution or dissemination or use of the announcement and any related materials would be in violation of applicable law or would require registration or admission of any kind in such jurisdiction. This announcement does not constitute an offer of securities for sale or the solicitation of an offer to purchase securities of the Company in the United States, Germany or any other jurisdiction.

 

Amadeus FiRe AG
Jan Hendrik Wessling

Investor Relations
Tel: +49 (69) 96 876-180
[email protected]



19.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: AMADEUS FIRE AG
Hanauer Landstrasse 160
60314 Frankfurt am Main
Germany
Phone: +49 (0)69 96876 - 180
Fax: +49 (0)69 96876 - 182
E-mail: [email protected]
Internet: www.amadeus-fire.de
ISIN: DE0005093108
WKN: 509310
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1753317

 
End of News EQS News Service

1753317  19.10.2023 CET/CEST

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Amadeus FiRe AG Stock

€113.20
0.890%
The Amadeus FiRe AG stock is trending slightly upwards today, with an increase of €1.00 (0.890%) compared to yesterday's price.
With 6 Buy predictions and not the single Sell prediction the community is currently very high on Amadeus FiRe AG.
As a result the target price of 145 € shows a positive potential of 28.09% compared to the current price of 113.2 € for Amadeus FiRe AG.
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