DGAP-Ad-hoc: Fabasoft AG / Key word(s): Share Buyback
Fabasoft AG: Conclusion of the share buyback programme

17-Oct-2017 / 11:26 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


With the approval of the Supervisory Board, the Board of Management of Fabasoft AG resolved on 09 December 2015 to make use of the authorisation of the general meeting on 06 July 2015 to purchase of its own shares according to Sec. 65 para. 1 Nos. 4 and 8 Austrian Stock Corporation Act (Aktiengesetz, AktG) and started a share buyback programme which was limited to a period of no longer than 06 January 2018.

In compliance with this share buyback programme shares of the company were to be purchased up to a total volume of maximum EUR 2 million excluding incidental costs.

On 17 October 2017 the maximum buyback volume of EUR 2 million was reached (excluding incidental costs) and for this reason the Board of Management has resolved to end the share buyback programme with immediate effect.

The repurchase volume within the framework of the share buyback programme amounts to 277,257 no-par-value shares. The total number of its own shares held currently by Fabasoft AG amounts to 277,257 no-par-value shares and is equivalent to 2.77 % of the share capital of the company. A bank was commissioned with the handling of the buyback and its decisions concerning the time of the purchase of the shares were made independently and without any influence being exerted by the company. The purchase was effected via the stock exchange in compliance with capital market regulations at a weighted average price of EUR 7.2135 per share, whereby the lowest price was EUR 4.3130 and the highest price EUR 12.6950. The total value of the repurchased shares amounted to EUR 1,999,989.43.

For more information concerning the individual conditions and the current status of the repurchased shares from this share buyback programme please refer to the Publications/Announcements at www.fabasoft.com, section "Investor Relations".

Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code

FAAS.DE)

Linz, 17 October 2017

Leopold Bauernfeind, Member of the Managing Board

E-mail: Leopold.Bauernfeind@fabasoft.com, Telephone: +43 732 60 61 62


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Language: English
Company: Fabasoft AG
Honauerstraße 4
4020 Linz
Austria
Phone: +43 732-606162-0
Fax: +43 732-606162-609
E-mail: leopold.bauernfeind@fabasoft.com
Internet: www.fabasoft.com
ISIN: AT0000785407
WKN: 922985

Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf
 
End of Announcement DGAP News Service

619589  17-Oct-2017 CET/CEST

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