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    DGAP-Adhoc  465  0 Kommentare Hypoport AG approves share repurchase programme


    Hypoport AG / Key word(s): Share Buyback

    12.02.2016 16:38

    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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    Ad-hoc release

    Share repurchase programme

    Hypoport AG approves share repurchase programme

    Berlin, 12 February 2016: The Management Board of Hypoport AG has decided
    at today 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 65.00
    (excluding purchase-related costs).

    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 12 June
    2015 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 17 February 2016 and will be completed by no later
    than 09 June 2016.

    The shares will be repurchased in accordance with section 14 (2) of the
    German Securities Trading Act (WpHG) in conjunction with Commission
    Regulation (EC) No. 2273/2003 ('safe harbour'). The details of the share
    buy-back will be announced before the programme commences.

    Information on Hypoport AG
    The Hypoport Group is a technology-based financial service provider. The
    business model is based on its three mutually supporting business units:
    Private Clients, Financial Service Providers, and Institutional Clients.
    All three units are engaged in the distribution of financial services,
    facilitated or supported by finance-technology ('fintech').
    As a wholly-owned subsidiary of Hypoport, Europace AG develops and operates
    the web-based EUROPACE financial marketplace, which is Germany's largest
    platform for mortgages, building finance products and personal loans. A
    fully integrated system links some 350 partners - banks, insurers and
    financial product distributors. Several thousand users execute some 35.000
    transactions worth a total of up to EUR4 billion on EUROPACE every month.
    The Hypoport subsidiary Dr. Klein & Co. AG is an independent online
    distributor of financial products. This firm's specialists provide private
    clients with a full range of advisory services around mortgage finance,
    insurance and retirement planning. Dr. Klein & Co. AG has been a major
    financial service partner to housing companies and commercial property
    investors since 1954. Hypoport AG is headquartered in Berlin, employs more
    than 500 people and is listed in the Prime Standard of the Frankfurt Stock
    Exchange. At the end of 2015 Hypoport was admitted to the SDAX.


    Contact:
    Christian Würdemann
    Investor Relations

    Hypoport AG
    Klosterstraße 71
    D-10179 Berlin

    Phone: +49 (0) 30 / 4 20 86 - 1920
    Fax: +49 (0) 30 / 4 20 86 - 281920
    E-Mail: ir@hypoport.de
    Internet: www.hypoport.de
    Twitter: http://twitter.com/Hypoport


    12.02.2016 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: Hypoport AG
    Klosterstraße 71
    10179 Berlin
    Germany
    Phone: +49/30 42086-0
    Fax: +49/30 42086-1999
    E-mail: ir@hypoport.de
    Internet: www.hypoport.de
    ISIN: DE0005493365
    WKN: 549336
    Indices: SDAX
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc Hypoport AG approves share repurchase programme Hypoport AG / Key word(s): Share Buyback 12.02.2016 16:38 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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