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.

Vtion Wireless Technology AG's tender offer expired on September 26, 2012. Under the offer, the company repurchased 1,196,591 shares.