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Muehlhan AG: Muehlhan resumes share buyback program

DGAP-News: Muehlhan AG / Key word(s): Share Buyback
Muehlhan AG: Muehlhan resumes share buyback program

28.02.2014 / 10:17

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PRESS RELEASE

Muehlhan resumes share buyback program

Hamburg, 28 February 2014 - Muehlhan AG is resuming its share-buyback
program. The company plans to acquire up to EUR 1 million of treasury
shares over the next 12 months. The shares repurchased under the
authorization issued by the Annual General Meeting on 18 May 2010 will be
used to support the objectives indicated in the authorization:

* Share-based compensation of company employees
* Use of shares to pay for acquisitions

The authorization limits the share buyback to a maximum pro-rata amount of
the share capital of EUR 1,950,000.00, equivalent to 10% of the existing
share capital as of that date of EUR 19,500,000.00. The authorization may
be exercised directly by the company or by third parties appointed by the
company in whole or in several partial amounts including, in the latter
case, on multiple occasions, within the aforementioned limit.

____________

About Muehlhan:
Worldwide, the Muehlhan Group is a reliable partner in industrial services
and high-quality surface protection. As one of the few full-service
providers, we offer our customers a broad range of services designed to
meet the exacting quality standards expected in professional industrial
services. Our customers benefit from our exceptional organizational skills,
the technical expertise that differentiates us from our competitors and our
more than 130 years of experience. Our operations are divided into five
business segments: Ship Newbuilding, Ship Repair, Energy, Industry and
Other Services. With our workforce of more than 2,200 employees at around
30 locations worldwide, we generated sales revenues of EUR 186 million in
2012. We intend to use this stable foundation to further expand our
business in the coming years and to continue moving our company forward
through proximity to our customers in the global market.

For more information, visit www.muehlhan.com.
Press contact: Muehlhan AG; Tel: [phone]; e-mail:
investorrelations@muehlhan.


End of Corporate News

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28.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; Frankfurt in Open Market (Entry Standard)


End of News DGAP News-Service
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