The Board of Directors of Vtion Wireless Technology AG (DB:V33) authorized a tender offer on September 3, 2012. Under the program, the company has offered to repurchase up to 1,449,508 shares for €4.15 per share for total of €5.02 million. In the event the offer is over subscribed, the tenders will be accepted proportionally.

The repurchase price represents a premium of approximately 10% to the current share price. The offer period runs from September 5, 2012 until September 26, 2012.