Pursuant to a resolution adopted on May 15, 2013 by the annual general meeting of shareholders, the company was authorized to buy back – on or before May 14, 2016 – its own shares up to an amount totaling 10% of the registered share capital as it existed at the time the resolution was adopted.

Pursuant to a resolution adopted on May 11, 2016 by the annual general meeting of shareholders, the company was authorized again to buy back – on or before May 10, 2019 – its own shares up to an amount totaling 10% of the registered share capital as it existed at the time the resolution was adopted.

Pursuant to a resolution adopted on April 29, 2019 by the annual general meeting of shareholders, the company was authorized again to buy back – on or before June 30, 2022- its own shares up to an amount totaling 10% of the registered share capital as it existed at the time the resolution was adopted.

Public Share Buy-back Offer

Based on the aforementioned resolution, on August 14, 2015, the management board of WashTec AG resolved to repurchase up to 550,000 own shares by a public share buy-back-offer against payment of a cash consideration of 23.20 Euros per share. Information about the result of the share buy-back offer is available here.

Further information:

• Notification of 14 Sept 2015 regarding result of share buy-back offer
• Ad-hoc announcement of August 14, 2015 regarding public share buy-back offer
• Offer document regarding the public share buy-back offer