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    DGAP-News  427  0 Kommentare Statement by AURELIUS Equity Opportunities SE & Co. KGaA on the short attack by Gotham City and outlook on the development of the business - Seite 3



    Re Litigation

    Litigation is part of normal live in a corporation in our size and in restructuring situations can sometimes be contentious. However the number of lawsuits is in line with a company of our size, total cash out for lawsuits over the last ten years has been a single-digit million EUR-amount and AURELIUS does not expect this to change materially in the future.



    Over the coming days, we will issue a more comprehensive rebuttal of the allegations.



    Further, the company is evaluating possible damage claims with regard to a liability for unlawful acts, the notification of BaFin and the filing of a criminal complaint against the responsible individuals with the hedge funds Gotham City for market manipulation.




    Share buy-back stepped-up: EUR 50m immediately, additionally EUR 160m as of June 21, 2017

    AURELIUS will immediately set-up another share buy-back program in the amount of EUR 50m and will cancel the shares already bought by the company during the current buy-back programme. In addition, the company will propose to the Annual General Meeting on June 21, 2017 to authorize the acquisition of up to 10% of the Company's share capital, equaling approximately EUR 160m based on the current share price.



    Positive Outlook

    AURELIUS sees a strong exit pipeline and interest in its subsidiaries. AURELIUS expects to successfully exit two to three sizeable companies over the next few months.



    With the acquisition of Office Depot and WEX, AURELIUS had a good start to fiscal year 2017. Group revenues and total group EBITDA are expected to increase further.



    AURELIUS will continue to position itself as preferred partner in complex pan-European corporate spin-offs. AURELIUS expects a minimum of 6 acquisitions in 2017.



    AURELIUS will continue a sustainable dividend policy and share buy-back program.



    Conference Call on full-year results on May 29, 2017

    AURELIUS Equity Opportunities SE & Co. KGaA will publish its full-year results 2016 on March 29, 2017 at around 11am CET. A telephone conference with the AURELIUS Executive Board will be held at 2pm CET on Wednesday, March 29, 2017 in English for interested investors and journalists. Please send an email to investor@aureliusinvest.de to register.

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    DGAP-News Statement by AURELIUS Equity Opportunities SE & Co. KGaA on the short attack by Gotham City and outlook on the development of the business - Seite 3 DGAP-News: AURELIUS Equity Opportunities SE & Co. KGaA / Key word(s): Statement Statement by AURELIUS Equity Opportunities SE & Co. KGaA on the short attack by Gotham City and outlook on the development of the business 28.03.2017 / 16:17 The …