DGAP-CMS: Software AG: Release of a capital market information

Released : May 12, 2017 13:48

DGAP Post-admission Duties announcement: Software AG / Software AG / Announcement pursuant to Art. 5 (1) lit. b) of Regulation (EU) 596/2014 and Article 2 (3), (2) of Delegated Regulation (EU) 2016/1052 / Purchase of own shares - Ninth Interim and Final Reporting

Software AG: Release of a capital market information



12.05.2017 / 13:48

Dissemination of a Post-admission Duties announcement transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.




Software AG / Announcement pursuant to Art. 5 (1) lit. b) of Regulation (EU) 596/2014 and Article 2 (3), (2) of Delegated Regulation (EU) 2016/1052 / Purchase of own shares - Ninth Interim and Final Reporting

Software AG completes Share Buy-back

Darmstadt, May 12, 2017

The share buyback program, which the Executive Board of Software AG resolved on March 6, 2017 and commenced on March 13, 2017 on the basis of the authorization granted by the Annual General Meeting on May 31, 2016 to repurchase Software AG shares, has been completed with the end of trading on Xetra on May 11, 2017.

The now completed share buyback program was announced on March 10, 2017 pursuant to Art. 5 (1) lit. a) Regulation (EU) 596/2014 and Art. 2 (1) Delegated Regulation (EU) 2016/1052. With disclosure of May 11, 2017 (7:55 a.m.) the early termination of the share buyback program has been announced pursuant to second sentence of Article 2 (1) Delegated Regulation (EU) 2016/1052.

In the period from May 08, 2017 to, and including, May 11, 2017, Software AG has purchased a total number of 280,589 shares within the framework of the share buy-back program.

Shares were purchased as follows:

Date Number of Shares Average Price (EUR)
May 08, 2017 71,000 42.477375
May 09, 2017 58,138 42.404504
May 10, 2017 57,451 42.526332
May 11, 2017 94,000 42.312159

In total, within the share buyback program, a number of 2,326,892 shares were purchased for a total amount of EUR 89,559,770.04 (excluding ancillary costs) (corresponding to 3.046 % of the share capital) between March 13, 2017 and May 11, 2017. This corresponds to an average purchase price of EUR 38.49 per share.

As of May 11, 2017 the number of own shares of Software AG amounts to 2,495,261, corresponding to 3.266 % of the share capital of Software AG.

Further information on the share buyback program and the relevant transactions are made available on Software AG's website in the section Investor Relations (www.softwareag.com/investors).

Darmstadt, May 12, 2017

Software Aktiengesellschaft




12.05.2017 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language: English
Company: Software AG
Uhlandstraße 12
64297 Darmstadt
Germany
Internet: www.softwareag.com


 
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573173  12.05.2017 

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