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    DGAP-Adhoc  673  0 Kommentare Correction of a release from 29.02.2016, 16:28 CET/CEST - Logwin AG: Logwin announcement share buyback program


    Logwin AG / Key word(s): Share Buyback

    29.02.2016 17:16

    Dissemination of a Ad-hoc-correction 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-Announcement according to § 15 WpHG
    Logwin announcement share buyback program
    Grevenmacher (Luxembourg) - On February 29, 2016, the Board of Directors of
    LOGWIN AG has decided to start with a share buyback program. Up to
    5,000,000 shares of the company (approx. 3.5 percent of the share capital)
    will be purchased by LOGWIN AG. The acquisition shall be effected via the
    stock exchange. The sole purpose of the share buyback will be the
    redemption and the reduction of the share capital.

    The share buyback program is based on the authorization of the Annual
    General Meeting held on April 8, 2015 to allow the company to buy up to
    14,625,000 of its own shares for all legally permitted purposes in the
    period until September 30, 2017.

    The purchase price (excluding related cost of the purchases) shall not
    exceed by more than 30 percent the average share price in the final auction
    of XETRA trading system of Frankfurter Wertpapierbörse during the preceding
    10 trading days. The purchase price shall not be lower than the calculated
    nominal value of the LOGWIN AG shares.

    The share buyback will start on March 1, 2016 at the earliest, and will be
    finished by December 31, 2106 at the latest.

    The execution of the share buyback will be done in accordance with
    EC-regulation no. 2273/2003 of the Commission of December 22, 2003 (so
    called Safe Harbor). The share buyback will be performed by a bank to be
    mandated by Logwin.

    About Logwin AG
    Logwin AG (Grevenmacher, Luxembourg) provides efficient logistics and
    transport solutions for its customers from industry and trade. In 2015, the
    group generated sales of EUR 1.1bn and currently employs about 4,200 staff.
    Logwin operates in all main markets worldwide and has around 180 locations
    on six continents. With its two business segments Solutions and Air +
    Ocean, Logwin AG is one of the leaders in the market.

    Logwin AG is listed in the Prime Standard of the Deutsche Börse. The
    majority shareholder is DELTON AG, Bad Homburg (Germany).

    Contact: www.logwin-logistics.com
    Sebastian Esser
    Chief Financial Officer
    Phone: +352 719690-1112
    sebastian.esser@logwin-logistics.com

    Logwin AG | ZIR Potaschberg | 5, an de Längten | 6776 Grevenmacher |
    Luxembourg | www.logwin-logistics.com




    Contact:
    Sebastian Esser
    Chief Financial Officer
    P: 00352/719690-1112
    F: 00352/719690-1359
    ir-info@logwin-logistics.com


    29.02.2016 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: Logwin AG
    an de Längten 5
    L-6776 Grevenmacher
    Grand Duchy of Luxembourg
    Phone: +352 719 690 0
    Fax: +352 719 690 1359
    E-mail: ir-info@logwin-logistics.com
    Internet: www.logwin-logistics.com
    ISIN: LU0106198319
    WKN: 931705
    Indices: Prime All Share (PXAP), Classic All Share (CLXP), DAXsector
    All Transportation & Logistics (4N87), DAXsector
    Transportation & Logistics (CXPL), DAXsubsector All Logistics
    (4N99), DAXsubsector Logistics (I1LB)
    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 Correction of a release from 29.02.2016, 16:28 CET/CEST - Logwin AG: Logwin announcement share buyback program Logwin AG / Key word(s): Share Buyback 29.02.2016 17:16 Dissemination of a Ad-hoc-correction 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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