Heliad Equity Partners continues share buyback program ++ Previously purchased own shares will be withdrawn


Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Share Buyback

31.08.2011 / 19:19


Frankfurt, 31 August 2011

  • Heliad continues share buyback program
  • Previously purchased own shares will be withdrawn

Frankfurt am Main, 31 August 2011 - Since 7 June 2011 to date, Heliad Equity Partners (ISIN: DE000A0L1NN5) has purchased 323,996 shares within the share buyback program. These purchased shares will be withdrawn together with the 874,500 treasury stock shares already held before. The share capital is reduced by the number of shares. This will increase the share of each shareholder in the assets of the Company.

Management and Supervisory Board have decided the withdrawal today. The required amendment to the statutes will be implemented in the next few days.

The share buyback program continues pursuant to the authorization of the Annual General Meeting of 29 June 2011 to acquire own shares. According to this authorization, the company can buy back a total of up to ten percent of the company's share capital, corresponding to up to 1,214,580 individual registered shares. The total includes the 237,997 shares that were purchased after 29 June 2011. A total of up to 976,583 shares are therefore still available for further acquisition. After achieving the 10 percent range, the Management Board intends to propose a withdrawal of the own shares to the Supervisory Board, whereby the number of the outstanding shares would decrease accordingly. Given that currently Heliad's share is quoted far below its NAV of EUR 5.63, a share buyback following a withdrawal is an appropriate way within the interest of all shareholders to increase the asset value per share.

The share buyback program will continue as before on the stock exchange. Pursuant to the authorization, shares will continue not being purchased at a price that is above that of the last independent transaction or above the highest current independent bid in the Xetra trading.


About Heliad

Heliad is an investment company that supports companies in growth and change phases as Equity Partner. Special criteria of the investment strategy are the active support of investment companies and the ability to implement appropriate individual financing solutions. Thus Heliad invests in listed and unlisted companies and can invest in majority and minority interests. About Heliad visit www.heliad.com.


Contact

Heliad Equity Partners GmbH & Co. KGaA
Andreas Lange
Managing Director
Phone: +49 69 71 91 59 65 0
E-mail: investor-relations@heliad.com



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