TIG Themis Industries Group GmbH & Co. KGaA
TIG Themis Industries Group ends share buy-back early
TIG Themis Industries Group GmbH & Co. KGaA / Share Buyback 11.12.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- TIG, Themis Industries Group GmbH & Co. KGaA (ISIN: DE000A0XYL04), has called an early end to its share buy-back program. By resolution of the General Meeting of 4 September 2008, the Company was authorised to acquire its own shares in accordance with § 71 (1), sentence 1, no. 8, of the German Stock Corporations Act (AktG), up to a total of 10% of the then existing share capital. On 8 June 2009, the Management Board decided to repurchase up to 5% of the Company's share capital (266,601 treasury shares) over the stock exchange on or before 30 October 2009. On 30 October 2009, the Board extended this program until 31 March 2010. To date, 140,700 of the Company's shares have been acquired under this share buy-back program, at an average price of EUR 3.67 per share, corresponding to a total outlay of around EUR 500,000. The acquisition was handled exclusively through the 'Xetra' electronic trading platform and on the Frankfurt Stock Exchange's trading floor by Silvia Quandt & Cie. AG. When the share buy-back program began on 9 June 2009, the Company already had 34,200 of its own shares in its portfolio. Consequently, TIG currently holds a total of 174,500 of its own shares, which corresponds to 3.27% of current share capital. Under the exchange offer by Heliad Equity Partners GmbH & Co. KGaA and the associated merger planned between the two companies, TIG management is planning to exchange the repurchased shares for shares of Heliad. In accordance with Art. 4 (3) and (4) of Commission Regulation (EC) No. 2273/2003 of 22 December 2003 (Exemptions for Buy-back Programmes and Stabilisation of Financial Instruments), in conjunction with Art. 20 (1) of Council Directive 93/22/EEC on Investment Services in the Securities Field (Investment Services Directive), detailed information regarding developments in the share buy-back program thus far, is available on the Company's internet site at http://www.themis-industries.de/127-1-Share-Buy-back. ++ About TIG Themis Industries Group The TIG Themis Industries Group is an industrial holding company that specialises in investments in small- and medium-sized companies in turnaround and special situations. Restructuring teams throughout Europe quickly revitalise TIG's equity interests to create competitive, high return companies. These investments are then either sold at a profit or remain in the portfolio as base investments providing high dividends and returns. Contact: TIG Themis Industries Group GmbH & Co. KGaA Christoph D. Kauter Chief Executive Officer Phone: +49 69 71 91 59 65 39 investor-relations@themis-industries.de 11.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: TIG Themis Industries Group GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt am Main Deutschland Phone: 069 - 71 91 59 65 - 0 Fax: 069 - 71 91 59 65 - 11 E-mail: info@themis-industries.de Internet: http://www.themis-industries.de ISIN: DE000A0XYL04 WKN: A0XYL0 Listed: Freiverkehr in Stuttgart; Entry Standard in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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