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RIB Software AG decides to resume its share buyback

Back27.04.2016
RIB Software AG  / Key word(s): Share Buyback

27.04.2016 15:49

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 disclosure pursuant to § 15 Securities Trading Act (WpHG): Share
buyback

RIB Software AG decides to resume its share buyback

Stuttgart, 27 April 2016 - The Executive Board of RIB Software AG (ISIN
DE000A0Z2XN6) resolved to resume the company's share buyback programme.

The decision to resume the company's share buyback programme is based on
the authorisation granted by the annual general meeting on 24 May 2012 to
acquire treasury shares valued at up to 10% of the capital stock
(equivalent to 3,871,542 shares) by 23 May 2017.

In 2012 and 2013, the company has already bought back a total of 1,716,765
shares in the course of its share buyback programmes I and II.

The Executive Board has now resolved to resume its buyback programme and to
buy back up to a further 1 million shares until 15 April 2017. With regard
to the company's annual general meeting on 31 May 2016, no share buy backs
will take place in the calendar weeks of 23 and 30 May 2016. The shares
will be bought back exclusively via the stock exchange. According to the
authorisation granted by the annual general meeting on 24 May 2012, the
purchase price per share may not be more than 10% above or below the
share's market price in Xetra trading to be determined. The shares may be
used for any and all purposes specified in the authorisation granted by the
annual general meeting on 24 May 2012, in particular in exchange for the
acquisition of companies or to service rights stemming from employee stock
option programmes.

The share buyback will be managed by a bank. The company has instructed the
bank to ensure that these measures are carried out in accordance with the
trading conditions set forth in Article 5 (1) and (2) of Commission
Regulation (EC) No. 2273/2003 of 22 December 2003 implementing Directive
2003/6/EC of the European Parliament and of the Council regarding
exemptions for buyback programmes and price stabilisation measures (OJ EU
No. L 336/33 of 23 December 2003), hereinafter referred to as 'EC
Regulation', and the provisions of this share buyback programme. The
company has also instructed the bank to provide it with the information
necessary to ensure that the company can comply with the disclosure
requirements imposed upon it by the EC regulation. The decisions on the
timing and volume of the share buyback will be taken by the bank alone and
these decisions will not be influenced by the company.

The buyback programme may be suspended at any time if required, so far as
is permitted by law. RIB Software AG will post regular updates on the
progress of the share buyback programme online at www.rib-software.com.


27.04.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      RIB Software AG
              Vaihinger Str. 151
              70567 Stuttgart
              Germany
Phone:        +49 (0)711-7873-0
Fax:          +49 (0)711-7873-311
E-mail:       info@rib-software.com
Internet:     www.rib-software.com
ISIN:         DE000A0Z2XN6
WKN:          A0Z2XN
Indices:      TecDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart; Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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