2014-10-22
Bastei Lübbe AG resolves buyback of up to 100,000 shares
Bastei Lübbe AG / Key word(s): Share Buyback 22.10.2014 15:21 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 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 22.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------