DGAP-Adhoc
Ad-hoc announcement in accordance with Article 17 of Regulation (EU) No 596/2014 of 16 April 2014: Dialog Semiconductor announces commencement of the process for the third tranche of shares to be bought back pursuant to its share buyback programme - Seite 2
Company to acquire up to approximately 1.6 million ordinary shares pursuant
to the third tranche of its buyback programme.
Once appointed, the Preferred Broker shall, acting independently as
principal (without influence from the Company), purchase Certified
Interests (CIs) in the Company on the Frankfurt Stock Exchange and, after
acquiring the corresponding number of ordinary shares in the Company from
Clearstream Banking AG, which is the registered shareholder for the shares
underlying the CIs, shall sell these ordinary shares to the Company on
certain settlement dates in accordance with the terms above and the
contingent forward share purchase agreement with the Preferred Broker.
Further details relating to the third tranche of the share buyback
programme, including details of the Preferred Broker, shall be announced
separately before the purchase of the third tranche of shares commences.
The Company will regularly provide information on the progress of the
buyback, including the number of ordinary shares purchased by the Company,
on its website at http://www.dialog-semiconductor.com/financial-news/sharebuybacks.
No more than one tranche of shares will be bought back at any one time by
the Company and there can be no certainty that any further ordinary shares
will be acquired by the Company following the conclusion of the third
tranche of its buyback programme.
Contact:
Jose Cano
Director, Investor Relations
jose.cano@diasemi.com
+44(0)1793756961
Information and Explanation of the Issuer to this News:
For further information please contact:
Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com
FTI Consulting London
Matt Dixon
T: +44 (0)2037 271 137
matt.dixon@fticonsulting.com
Lesen Sie auch
FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
Anja.Meusel@fticonsulting.com
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