TOMORROW FOCUS AG (FRA:TFA) HolidayCheck Group AG adopts share buy-back resolution
Transparency directive : regulatory news
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DGAP-Ad-hoc: HolidayCheck Group AG / Key word(s): Share Buyback HolidayCheck Group AG adopts share buy-back resolution The share buy-back will be carried out by a bank and will comply with the Market Abuse Regulation and with Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures. The bank will decide independently when to repurchase the shares and on each occasion how many shares to acquire. The company will have no influence over these decisions. The price paid per share (excluding ancillary purchase costs) may not be more than 10 percent higher or 10 percent lower than the average closing price over the last three trading days on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB) preceding the purchase. The buy-back programme may be suspended and subsequently continued at any time as required and legally admissible. All transactions will be announced in a form that meets the requirements of Article 5 paragraph 3 of Regulation (EU) no. 596/2014 in conjunction with Article 2 paragraphs 2 and 3 of Commission Delegated Regulation (EU) 2016/1052 no later than the end of the seventh trading day after execution. Details of the transactions will also be published on the company's website at https://www.holidaycheckgroup.com/investor-relations/. Fax: +49 89 357680 999 E-Mail: armin.blohmann@holidaycheckgroup.com Information and Explanation of the Issuer to this News: About HolidayCheck Group AG: HolidayCheck Group AG (ISIN DE005495329), Munich, Germany, is one of Europe's leading digital travel firms for holidaymakers. With a total workforce of around 490, HolidayCheck Group AG comprises HolidayCheck AG (which operates hotel review and travel booking portals by the same name), HC Touristik GmbH (which operates the travel agent HolidayCheck Reisen), Driveboo AG (which operates the car rental portals MietwagenCheck and Driveboo) and WebAssets B.V. (which operates the Zoover hotel review portals and the MeteoVista/WeerOnline weather portals). HolidayCheck Group's vision is to become the world's most holidaymaker-friendly company in the world.
19-Feb-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | HolidayCheck Group AG |
| Neumarkter Str. 61 | |
| 81673 München | |
| Germany | |
| Phone: | +49 89 357680 901 |
| Fax: | +49 89 357680 999 |
| E-mail: | armin.blohmann@holidaycheckgroup.com |
| Internet: | www.holidaycheckgroup.com |
| ISIN: | DE0005495329 |
| WKN: | 549532 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 978703 |
| End of Announcement | DGAP News Service |
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978703 19-Feb-2020 CET/CEST