EANS-Adhoc: Hypoport AG / Hypoport AG approves share repurchase programme

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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02.05.2012

Berlin, 02. May 2012: The Management Board of Hypoport AG has today
decided to repurchase up to 60,000 of the Company’s own shares
exclusively through the stock market for a total purchase price of no
more than EUR900,000 (excluding purchase-related costs). The maximum
volume of shares that may be repurchased during the buy-back
programme has been set at 1,000 shares per day.

The purpose of this programme is to provide treasury shares for
employee share ownership schemes and other means of issuing shares to
employees of the Company and the Hypoport Group. The shares will be
repurchased under the authorisation granted by the Annual
Shareholders‘ Meeting on 4 June 2010 for the Company to purchase its
own shares. The Supervisory Board has approved this share buy-back
programme. The repurchase of shares will commence no sooner than 8
May 2012 and will be completed by no later than 31 December 2012.

The shares will be repurchased in accordance with section 14 (2) of
the German Securities Trading Act (WpHG) in conjunction with
Commission Regulation (EC) No. 2273/2003 (’safe harbour‘). The
details of the share buy-back will be announced before the programme
commences.

Further inquiry note:
Ines Cumbrowski
Manager Group Legal
Telefon: +49(0)30 42086-1005
E-Mail: ines.cumbrowski@hypoport.de

end of announcement euro adhoc
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issuer: Hypoport AG
Klosterstraße 71
D-10179 Berlin
phone: +49(0)30 42086-0
FAX: +49(0)30 42086-1999
mail: ir@hypoport.de
WWW: http://www.hypoport.de
sector: Financial & Business Services
ISIN: DE0005493365
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English

Quelle: http://www.presseportal.de/pm/68527/2244949/eans-adhoc-hypoport-ag-hypoport-ag-approves-share-repurchase-programme/api