RIB Software AG: RIB Software AG decides to continue share buyback

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

05.07.2013 19:34

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


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

RIB Software AG decides to continue share buyback

Stuttgart, 05. July  2013 - The Executive Board of RIB Software AG (ISIN
DE000A0Z2XN6) resolved to expand and continue the company's share buyback

The decision 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.

The buyback programme was initially valid until 15 April 2013 and limited
to 1 million shares. As 389,573 shares had already been bought back by 15
April 2013, the remaining contingent was exhausted with the continuation of
the buyback programme resolved on 22 April 2013. As a result, the company
has so far bought back a total of 1 million shares.

The Executive Board has therefore resolved to expand the buyback programme
to a further 1 million shares and continue it until 15 April 2014. 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

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Language:     English
Company:      RIB Software AG
              Vaihinger Str. 151
              70567 Stuttgart
Phone:        +49 (0)711-7873-0
Fax:          +49 (0)711-7873-311
ISIN:         DE000A0Z2XN6
WKN:          A0Z2XN
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement                             DGAP News-Service

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