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    DGAP-Adhoc  598  0 Kommentare SinnerSchrader AG: RESUMPTION OF SHARE BUYBACK PROGRAMME


    SinnerSchrader AG / Key word(s): Share Buyback

    11.02.2016 21:06

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    The Management Board of SinnerSchrader AG, with approval of the
    Supervisory Board, has decided to resume with immediate effect its share
    buyback programme which terminated on 31 December 2015. The renewed
    programme is limited to an equivalent value of 0.7 million euros. It shall
    terminate on 31 August 2016. Currently, SinnerSchrader AG holds 200,863
    shares of treasury stock representing 1.74 per cent of its total common
    stock.

    The buyback programme is based on the authorisation issued by the Annual
    General Meeting of 29 January 2014. As approved by the Annual General
    Meeting, the share buy-back serves only the purposes permitted under
    Article 71 para. 1 No. 8 of the German Stock Corporation Act
    [Aktiengesetz]. In the share buyback that has been decided, the purchase
    price per share without incidental acquisition costs may not be more than
    10 per cent over or below the average of the Xetra closing price on the
    five trading days before the purchase. A bank has been commissioned to
    carry out the buybacks and it has been required to adhere to the trading
    conditions pursuant to Article 5 of Commission Regulation (EC) No.
    2273/2003 of 22 December 2003.


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    Information and Explaination of the Issuer to this News:

    ABOUT SINNERSCHRADER

    SinnerSchrader is one of Europe's leading digital agencies. With a focus on
    e-commerce, strategy and communication, SinnerSchrader offers the full
    range of digital agency services: conception, design, development and
    operation of digital platforms, mobile apps, service design, campaigns,
    media, analytics and audience management. SinnerSchrader stands for
    technological excellence. Around 500 employees - almost 200 of whom are
    developers - realise marketing solutions for brands such as Allianz,
    Beck's, comdirect bank, Hapag-Lloyd, Telefónica, TUI, Unilever and
    Unitymedia. SinnerSchrader was founded in 1996, went public in 1999 and has
    offices in Hamburg, Berlin, Frankfurt am Main, Munich, Prague and Hanover.

    http://sinnerschrader.com

    PRESS CONTACT

    Ina Feistritzer
    Corporate Communications
    presse@sinnerschrader.com

    INVESTOR RELATIONS CONTACT

    Thomas Dyckhoff
    CFO
    ir@sinnerschrader.com

    11.02.2016 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: SinnerSchrader AG
    Völckersstraße 38
    22765 Hamburg
    Germany
    Phone: +49 (0)40 39 88 55-0
    Fax: +49 (0)40 39 88 55-55
    E-mail: ir@sinnerschrader.com
    Internet: www.sinnerschrader.com
    ISIN: DE0005141907
    WKN: 514190
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
    Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc SinnerSchrader AG: RESUMPTION OF SHARE BUYBACK PROGRAMME SinnerSchrader AG / Key word(s): Share Buyback 11.02.2016 21:06 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. …