Drägerwerk AG & Co. KGaA: Notification pursuant to Art. 5 (1) and (3) of the Regulation (EU) No 596/2014 and Art. 2 (2) and (3) of the Delegated Regulation (EU) 2016/1052
EQS-News: Drägerwerk AG & Co. KGaA
/ Key word(s): Miscellaneous
Notification pursuant to Art. 5 (1) and (3) of the Regulation (EU) No 596/2014 and Art. 2 (2) and (3) of the Delegated Regulation (EU) 2016/1052
Purchase of own shares – final notice
In the period from 5 October 2022 to 25 November 2022 (inclusive), a total of 108,896 preferred shares were bought back within the framework of the share buyback of Drägerwerk AG & Co. KGaA (“Dräger”). In accordance with Art. 5 (1) of the Regulation (EU) No 596/2014 and Art. 2 (1) of the Delegated Regulation (EU) 2016/1052, the start date of the buyback was announced for 5 October 2022 on 29 September 2022.
The share buyback is completed.
The acquisition of the preferred shares served the purpose of fulfilling obligations relating to an employee stock program within the meaning of article 5, paragraph 2 (c) of the Regulation (EU) No 596/2014. The Executive Board also had the opportunity to acquire additional shares by converting part of its variable compensation under the program.
A bank mandated by Dräger conducted the buyback of the Dräger preference shares exclusively on a stock exchange.
In the period from 5 October 2022 to 25 November 2022, the daily number of preferred shares bought back, weighted average share price and aggregated volume totaled:
Lübeck, Germany, 25 November 2022
Moislinger Allee 53–55
28.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
|Company:||Drägerwerk AG & Co. KGaA|
|Moislinger Allee 53-55|
|Phone:||+49 (0)451 882-0|
|Fax:||+49 (0)451 882-2080|
|ISIN:||DE0005550602, DE 000 555 063 6, DE 000 555 071 9|
|WKN:||555060, 555063 Vorzüge, 555071 Genussschein D|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Stuttgart, Tradegate Exchange|
|EQS News ID:||1499303|
|End of News||EQS News Service|