DGAP-News

Hypoport AG: Official notice pursuant to Article 4 (2) of Commission Regulation (EC) No. 2273/2003

DGAP-News: Hypoport AG / Key word(s): Share Buyback
Hypoport AG: Official notice pursuant to Article 4 (2) of Commission
Regulation (EC) No. 2273/2003

16.01.2015 / 18:24

---------------------------------------------------------------------

Press release


Share repurchase programme

Official notice pursuant to Article 4 (2) of Commission Regulation (EC) No.
2273/2003

Berlin, 16 January 2015: The Management Board of Hypoport AG has decided on
16 January 2015 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 14.00
(excluding purchase-related costs).

The 2014 buy-back programme of Hypoport AG expired on 31 December 2014. The
programme was only partly serviced by the market. Accordingly, Hypoport AG
decided to start the 2015 buy-back programme right at the beginning of the
year.

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 4 June
2010 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 19 January 2015 and will be completed by no later
than 31 May 2015.

The shares will be repurchased in accordance with the 'safe harbour'
regulations specified under section 14 (2) and section 20a (3) of the
German Securities Trading Act (WpHG) in conjunction with the provisions of
Commission Regulation (EC) No. 2273/2003 of 22 December 2003 (hereinafter
referred to as 'EU Regulation'). The share buy-back will be executed on
behalf and for the account of Hypoport AG and will be coordinated by an
independent bank. The bank must purchase the Hypoport shares in accordance
with the aforementioned regulations and must comply with the provisions of
the authorisation granted by the Annual Shareholders' Meeting on 4 June
2010.

The bank's decisions on the timing of the purchase of shares in Hypoport AG
in compliance with the EU Regulation will be made independently of Hypoport
AG and will not be influenced by the latter. Hypoport AG will therefore not
exert any influence over the bank's decisions. The EU Regulation stipulates
that, when determining the shares' purchase price, the bank must not offer