DO & CO Aktiengesellschaft / Key word(s): Transaction in Own Shares
31.10.2014 17:47

Dissemination of an Ad hoc announcement, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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DO & CO Aktiengesellschaft, A-1010 Vienna, Stephansplatz 12 ISIN AT 000818802

Resolution of the Management Board regarding the sale of own shares
A resolution of the 16th Ordinary General Meeting of DO & CO Aktiengesellschaft of 3 July 2014 authorised the Management Board to acquire, during a period of 30 months after adop-tion of the resolution, own shares both on and off the board, also from individual shareholders or a single shareholder, and in particular from UniCredit Bank AG, for up to 10% of the share capital at the lowest price of EUR 20.00 per share and the highest price of EUR 60.00 per share. Based on this authorisation, DO & CO Aktiengesellschaft acquired 974,400 shares of DO & CO Aktiengesellschaft (corresponding to a stake of 10% of the Company's share capital) on 26 September 2014.

A resolution of the 16th Ordinary General Meeting of DO & CO Aktiengesellschaft of 3 July 2014 moreover authorised the Management Board, during a period of five years after adop-tion of the resolution, to decide, for the sale or use of own shares, on another method of sale than on the board or by a public bid, mutatis mutandis applying the rules on the exclusion of shareholders' subscription rights, and to determine the terms of the sale. The 16th Ordinary General Meeting of DO & CO Aktiengesellschaft authorised the Management Board to exer-cise this authorisation in whole or in part or in several parts and in the pursuit of one or more purposes, by the Company, by any of its subsidiaries or by a third party for account of the Company.

The Management Board of DO & CO Aktiengesellschaft resolved on 31 October 2014 to make use of the authorisation to sell own shares and, from 6 November 2014 and expected to continue until 31 December 2014, to sell up to 974,400 shares of DO & CO Aktiengesell-schaft off the board to investors to be chosen by way of accelerated bookbuilding. The sale of these shares is performed in order to achieve the purposes specified in particular in the Re-port by the Management Board published on the web page of DO & CO Aktiengesellschaft (www.doco.com) on 17 October 2014. The sales price was specified at EUR 40.00 to EUR 60.00 per share. The off-the-board sale will be performed excluding the shareholders' subscription rights.
The Supervisory Board of DO & CO Aktiengesellschaft approved the resolution passed by the Management Board.


31.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      DO & CO Aktiengesellschaft
              Stephansplatz 12
              1010 Wien
              Austria
Phone:        +43 1 74000-0
Fax:          +43 1 74000-1029
E-mail:       organization@doco.com
Internet:     www.doco.com
ISIN:         AT0000818802
WKN:          81880
Listed: Freiverkehr in Berlin, München, Stuttgart; Wien (Amtlicher               Handel / Official Market)
 
End of Announcement DGAP News-Service  

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