DGAP-Kapitalmarktinformation: HolidayCheck Group AG

DGAP-CMS: HolidayCheck Group AG: Release of a capital market information

HolidayCheck Group AG / Announcement pursuant to Article 5 paragraph 1 a) of Regulation (EU) 596/2014 and Article 2 paragraph 1 of Delegated Regulation (EU) 2016/1052

10.11.2016 17:47

Dissemination of a Post-admission Duties announcement, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------

HolidayCheck Group AG, Munich, Germany: Publication of capital market information/ mandatory post-admission disclosure

Share buy-back

Announcement pursuant to Article 5 paragraph 1 a) of Regulation (EU) 596/2014 and Article 2 paragraph 1 of Delegated Regulation (EU) 2016/1052

ISIN: DE0005495329

The share buy-back programme announced by HolidayCheck Group AG on 8 November 2016 by means of an ad hoc announcement will commence on 18 November 2016 and end no later than 15 June 2020. A bank will be commissioned to buy back up to 1,500,000 shares in the company subject to a number of shares corresponding to an overall price limit of EUR 7,500,000. The intention is to offer the repurchased shares to members of the Management Board and employees of the company and its affiliated entities under the terms of employee stock option plans. The Management Board is drawing on the share buy-back authorisation granted by the annual general meeting on 16 June 2015 in accordance with section 71 paragraph 1 number 8 of the German Stock Corporation Act (Aktiengesetz, AktG).

A bank has been commissioned to buy back the shares exclusively through the stock exchange. It will conduct the share buy-back independently and without influence from the company. The company retains the right to terminate the bank's mandate and commission a different bank at any time. The price paid per share (excluding ancillary purchase costs) may not be more than 10 percent higher or 10 percent lower than the average closing price over the last three trading days on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB) preceding the purchase. The buy-back will be managed by a bank and will comply with the Market Abuse Regulation and with Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures. Accordingly, on a single day the bank may not in total purchase more than 25 percent of the average daily volume of shares traded on the stock exchange used for the purchase. This average figure is based on the average daily trading volume over the 20 stock exchange trading days preceding the date of purchase.

The transactions will be announced in a form that meets the requirements of Article 5 paragraph 3 of Regulation (EU) no. 596/2014 in conjunction with Article 2 paragraphs 2 and 3 of Commission Delegated Regulation (EU) 2016/1052 no later than the end of the seventh trading day after execution. Details of the transactions will also be published on the company's website at https://www.holidaycheckgroup.com/investor-relations/.

HolidayCheck Group AG



10.11.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: HolidayCheck Group AG Neumarkter Str. 61 81673 München Germany Internet: www.holidaycheckgroup.com End of Announcement DGAP News-Service ---------------------------------------------------------------------------