Viscom AG launches share buy-back


Viscom AG / Share Buyback

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

The executive board of Viscom AG today resolved to buy back up to 902,000 of the company’s own shares in the period until 31 March 2009. This corresponds to about 10 % of subscribed capital. Viscom AG is therefore acting on the authorisation of the annual general meeting on 12 June 2008, which approved a motion for the company to buy own shares pursuant to section 71, paragraph 1, number 1 AktG (Stock Corporation Act). According to that, the company is authorised to buy back up to 10 % of the available subscribed capital on the day the motion was passed until 11 December 2009. Currently the company does not hold treasury shares.
Shares are going to be bought back via the stock market. The price Viscom AG pays for each share with identical features (excluding incidental costs) may not exceed or fall short of the median of the share’s closing price on the last five days in Xetra trading on Frankfurt Stock Exchange before committing to the purchase by more than 10 % or 20 % respectively. The share buy-back is being undertaken to preferably use these own shares purchased in the course of acquiring companies, company divisions or stakes in companies.

The share buy-back is being led by NORD/LB, Hanover, which is making its decision on the time of purchasing Viscom shares independent of and without any influence by the company. In addition to that, NORD/LB has undertaken to adhere to article 5 of Commission Regulation (EC) No 2273/2003 of 22 December 2003. This means that on any given day it is inadmissible to purchase more than 25 % of the average trading volume during the last 20 days of trading before the date of purchase. Transactions will be announced on the Viscom AG website (www.viscom.com) after they have been executed.


Contact:
Viscom AG
Investor Relations
Simone Huch
Carl-Buderus-Str. 9-15
30455 Hannover
Tel.: +49-511-94996-861
Fax:  +49-511-94996-555
simone.huch@viscom.de


29.07.2008  Financial News transmitted by DGAP

 
Language:     English
Issuer:       Viscom AG
              Carl-Buderus-Strasse 9-15
              30455 Hannover
              Deutschland
Phone:        +49 (0) 511 94 996 861
Fax:          +49 (0) 511 94 996 501
E-mail:       simone.huch@viscom.de
Internet:     www.viscom.com
ISIN:         DE0007846867
WKN:          784686
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover; Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
End of News DGAP News-Service