Bastei Lübbe AG resolves buyback of up to 100,000 shares

Bastei Lübbe AG  / Key word(s): Share Buyback

22.10.2014 15:21

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Ad hoc disclosure in accordance with section 15 WpHG:

Bastei Lübbe AG resolves buyback of up to 100,000 shares

Cologne, 21 October 2014. The Management Board of Bastei Lübbe AG (ISIN
DE000A1X3YY0) has resolved to exercise the authorisation granted by the
Annual General Meeting on 10 September 2013 to buy back its own shares in
accordance with section 71(1) no. 8 of the Aktiengesetz (AktG - German
Stock Corporation Act). It plans to acquire up to 100,000 shares
(corresponding to around 0.75% of the share capital of the company) in
total. The shares acquired can be used for all purposes allowed by law. The
shares are to be acquired exclusively on the stock market. The countervalue
to be paid by the company per share (not including incidental costs of
acquisition) must be within 5% above or below the average opening and
closing price of the company's shares on XETRA trading (or a functionally
comparable successor system) for the ten preceding exchange trading days.

About Bastei Lübbe AG:


Bastei Lübbe AG is a publically held media company organised around its
publishing venture. The Cologne-based company currently has around 335
employees. It publishes books, audio books, ebooks and digital products in
both the literary and popular science genres, as well as serialised novels
and puzzle magazines. Bastei Lübbe is also actively involved in brand
licensing and the development, production and distribution of gift,
decoration and merchandising articles. Bastei Lübbe has for many years
enjoyed an almost unbroken streak as the market leader in the growing
segment of hard-cover literature; in 2013 its literary ebooks division was
also ranked number one on the market. 2013 saw the company's 60th
anniversary celebration and its launch as a publicly traded company. Shares
of Bastei Lübbe AG are listed in the Prime Standard segment of the
Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0).

Contact for Bastei Lübbe AG:
Barbara Fischer
Director of PR and Event Marketing 
Tel.: +49 (0) 221 / 82 00 28 50
E-Mail: barbara.fischer@luebbe.de


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Language:     English
Company:      Bastei Lübbe AG
              Schanzenstraße 6 - 20
              51063 Köln
              Germany
Phone:        02 21 / 82 00 - 0
Fax:          02 21 / 82 00 - 1900
E-mail:       investorrelations@luebbe.de
Internet:     www.luebbe.de
ISIN:         DE000A1X3YY0, DE000A1K0169
WKN:          A1X3YY, A1K016
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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