Ad-hoc-News

Release of an Ad hoc announcement according to Sec. 15, German Securities Trading Act (WpHG) / Share Buy-Back.

Hamburg, 7th September 2009

 

DGAP-Adhoc: ZhongDe Waste Technology AG: Share Buy-Back

 

The Management Board of ZhongDe Waste Technology AG has resolved to repurchase up to 400,000 ordinary shares of no par value each having a notional amount of the share capital of EUR 1.00 of the Company.


The Annual General Meeting as of 31 July 2009 has authorized the Company to acquire ordinary shares in the amount of up to 10 percent of the company's current share capital. The share buy-back will be implemented starting not before 8 September 2009 and the term of the authorisation expires December 31st, 2010.


The purpose of the share buy-back is to enable the Company to offer treasury shares to third parties as consideration for acquisitions of other companies or participation in other companies or for joint ventures or co-operations with other companies. The availability of own shares increases the Company's flexibility. Further, the offering of shares in ZhongDe Waste Technology AG as consideration may turn out to be feasible to build up a long-term relationship between the Company and potential investors especially in Asia. The shareholders shall be excluded from subscription of treasury shares.


In case of an acquisition via the stock exchange, the price per share paid by the Company (excluding incidental costs of acquisition) must be within a range of 10 per cent higher or lower than the opening price at the Frankfurt Stock Exchange's Xetra trading system.


Not more than 25 per cent of the average daily turnover of the ZhongDe Waste Technology AG shares will be acquired at the respective stock exchange per day. The average daily share turnover is calculated on the basis of the average daily trading volume in the relevant trading segment during the last 20 trading days before the date of purchase.The share buy-back will be implemented through a financial institution, which will act independently and without influence by ZhongDe Waste Technology AG on when to repurchase stock.

 

http://www.zhongde-ag.com/investor_relations/aktienrueckkaufprogramm.html

 


Contact

William Jiuhua Wang
Executive Director and CFO
E-Mail: William.jw@zhongdetech.com

 

Li Zhong (Linda)
Investor Relations Manager
Stadthausbrücke 1-3
20355 Hamburg
Tel: +49 40 37644 756
Fax: +49 40 37644 500
E-Mail: li.zhong@zhongde-ag.de

 

Investor Relations

10 April 2018

ZhongDe Waste Technology AG: Financial Statements 2016


Details

19 April 2017

ZhongDe Waste Technology AG: Publication of Annual Report 2016 postponed


Details

28 December 2016

ZhongDe Waste Technology AG: Significant extraordinary profit in 2016


Details

24 November 2016

ZhongDe Waste Technology AG revises guidance


Details

14 October 2016

ZhongDe sells all shares in Chung Hua Environment Protection (Holding)
Group Ltd.


Details

27 September 2016

ZhongDe negotiates on the sale of all shares in Chung Hua Environment Protection (Holding) Group Ltd.


Details

20 September 2016

Changes in the Supervisory Board


Details

9 June 2016

CFO William Jiuhua Wang resigns


Details

13 November 2015

ZhongDe Waste Technology AG: Preliminary nine-months results and adjusted full-year guidance


Details

14 November 2013

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


Details

14 November 2013

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


Details

28 April 2013

ZhongDe Waste Technology AG: Challenging circumstances adversely affect results 2012


Details

11 July 2012

Resignation of the chairman of the Supervisory Board as per 30 August 2012


Details

5 April 2012

Correction of the Publication pursuant to section 26 para. 1 WpHG dated 22 March 2012


Details

30 March 2012

ZhongDe Waste Technology AG: Delays in completion of energy-from-waste plants lead to net loss for full year 2011


Details

22 March 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


Details

7 February 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)


Details

7 February 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


Details

24 November 2011

ZhongDe Waste Technology AG: Further delays in completion process of energy-from-waste plants leads to revision of full year 2011 outlook


Details

22 August 2011

ZhongDe Waste Technology AG: Preliminary Q2 2011 results better than Q1 2011 but worse than Q2 2010


Details

15 April 2011
ZhongDe Waste Technology AG: Financial performance 2010 impacted by delay of construction progress of energy-from-waste projects
Details

31 December 2010
Release of an Ad hoc announcement according to Sec. 15, German Securities Trading Act (WpHG)
Details

9 December 2009
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)
Details

16 November 2009
ZhongDe Waste Technology AG: Preliminary figures for the first nine months reflect difficult market environment in small- and medium-size incinerators segment
Details

7 September 2009
DGAP-Adhoc: ZhongDe Waste Technology AG: Share Buy-Back
Details

26 August 2009
Decrease of Revenues and Profits of ZhongDe Waste Technology in the first half year 2009
Details

28 April 2009
Change in Management Board at ZhongDe Waste Technology
Details

23 January 2009
Ad hoc announcement according to § 15 WpHG of 23 January 2009
Details

13 June 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
Details

29 April 2008
Ad hoc announcement according to § 15 WpHG of 29 April 2008
Details

11 March 2008
Ad hoc announcement according to § 15 WpHG of 11 March 2008
Details

27 February 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
Details

17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - II
Details

17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - I
Details

13 July 2007
Veröffentlichung nach § 26 Abs. 1 Wertpapierhandelsgesetz
Details

5 July 2007
Ad hoc announcement according to § 15 WpHG of 5 July 2007
Details

28 June 2007
Ad hoc announcement according to § 15 WpHG of 28 June 2007
Details