Ad-hoc release
Share repurchase programmeHypoport AG approves share repurchase programme
Berlin, 3 July 2015: The Management Board of Hypoport AG has decided at today to repurchase up to 60,000 of the Company's own shares exclusively through the stock market. The maximum volume of shares that may be repurchased during the buy-back programme has been set at 5,000 shares per day. The maximum price per share has been set to no more than EUR 30.00 (excluding purchase-related costs).The purpose of this programme is to provide treasury shares for employee share ownership schemes and other means of issuing shares to employees of the Company and the Hypoport Group. The shares will be repurchased under the authorisation granted by the Annual Shareholders' Meeting on
12 June 2015 for the Company to purchase its own shares. The Supervisory Board has approved this share buy-back programme. The repurchase of shares will commence no sooner than 06 July 2015 and will be completed by no later than 31 December 2015.
The shares will be repurchased in accordance with section 14 (2) of the German Securities Trading Act (WpHG) in conjunction with Commission Regulation (EC) No. 2273/2003 ('safe harbour'). The details of the share buy-back will be announced before the programme commences.
Information on Hypoport AGAs an independent financial product distributor that runs a B2B financial marketplace, Hypoport operates successfully in two mutually reinforcing segments. It always provides the simplest access to the best financial services. As a wholly-owned subsidiary of Hypoport, Europace AG develops and operates the web-based EUROPACE financial marketplace, which is Germany's largest platform for mortgages, building finance products and personal loans. A fully integrated system links 300 partners - banks, insurers and financial product distributors. Several thousand users execute some 35.000 transactions worth a total of up to €4 billion on EUROPACE every month. The Hypoport subsidiary Dr. Klein & Co. AG is an independent online distributor of financial products. This firm's specialists provide private clients with a full range of advisory services around mortgage finance, insurance and retirement planning. Dr. Klein & Co. AG has been a major financial service partner to housing companies, local authorities and commercial property investors since 1954. Hypoport AG is headquartered in Berlin, employs more than 500 people and is listed in the Prime Standard of the Frankfurt Stock Exchange.
Contact
Hypoport AG
Christian Würdemann
Head of Group Operations
Tel.: +49 (0)30 / 42086 - 1920
Email: ir@hypoport.dewww.hypoport.de
ISIN DE 0005493365
WKN 549336
Stock exchanges symbol HYQ
Management Board: Supervisory Board: Berlin-Charlottenburg local court
Ronald Slabke (CEO), Dr Ottheinz Jung-Senssfelder (chairman), HRB 74559
Stephan Gawarecki, Roland Adams (deputy chairman), VAT reg. no.: DE207938067
Hans Peter Trampe, Thilo Wiegand Christian Schröder Website: www.hypoport.com
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