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MLP SE
ISIN: DE0006569908
WKN: 656990
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MLP SE · ISIN: DE0006569908 · EQS - Company News (54 News)
Country: Germany · Primary market: Germany · EQS NID: 1261143
22 December 2021 11:33AM

MLP SE: Share buyback launched for implementation of the participation programme


DGAP-News: MLP SE / Key word(s): Share Buyback
MLP SE: Share buyback launched for implementation of the participation programme

22.12.2021 / 11:33
The issuer is solely responsible for the content of this announcement.


Share buyback launched for implementation of the participation programme

- Participation programme for MLP office managers

and consultants once again based on shares

- Continuous strengthening of the collaborative component in the business model

- The value of the share buyback is up to EUR 3.6 million

Wiesloch, December 22, 2021 - At the start of January 2022, MLP will once again be launching its programme of buying back treasury stock via the stock exchange. The total volume of the buyback programme is up to EUR 3.6 million and is set to be completed by May 31, 2022 at the latest. At the current price (EUR 8.11), this corresponds to a total of 443.896 shares or 0.41 percent of the share capital.

MLP will use the shares purchased in the buyback for the participation programme for MLP office managers and MLP consultants. The objective here is to further strengthen the collaborative component in the MLP business model.

With its resolution from June 24, 2021, the Annual General Meeting authorised the Executive Board and Supervisory Board to buy back treasury shares, which can also be used for the participation programme. MLP already bought back shares for use in the participation programme in previous years. Since the programme was first launched in 2018, more than 2 million shares have been acquired in this way and transferred to the consultants and office managers.

We will provide detailed information on the share buybacks on our investor relations website: https://mlp-se.com/investors/mlp-share/share-buyback/

About MLP:
The MLP Group and its brands Deutschland.Immobilien, DOMCURA, FERI, MLP, RVM and TPC is the financial services provider for private, corporate and institutional clients. Special added value is created by networking the various perspectives and areas of expertise - enabling clients to reach better financial decisions. To this end, the MLP Group competently combines personal and digital offers. Several of the brands also offer selected products, services and technology for other financial services providers.

- Deutschland.Immobilien - The real estate platform for financial consultants and clients

- DOMCURA - The underwriting agency for financial consultants and consultant platforms

- FERI - Investment management for institutional clients and high net worth individuals

- MLP - Financial consulting for discerning clients

- RVM - The insurance broker for SMEs

- TPC - Occupational provision management for companies

An intensive transfer of knowledge and expertise takes place within the network. The specialists support one another in the areas of research and concept development, as well as in client consulting. This valuable and targeted interaction generates additional value for clients, as well as for the company and its shareholders. Economic success also forms the basis for accepting social responsibility.
The Group was founded in 1971 and manages assets of almost EUR 53 billion for almost 560,000 private and 24,600 corporate clients as well as non-life insurance portfolio volumes of around EUR 550 million. In addition to this, more than 10,000 financial services providers take up the services on offer.



22.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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


Language: English
Company: MLP SE
Alte Heerstraße 40
69168 Wiesloch
Germany
Phone: +49 (0)6222-308-8320
Fax: +49 (0)6222-308-1131
E-mail: investorrelations@mlp.de
Internet: www.mlp-se.de
ISIN: DE0006569908
WKN: 656990
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1261143

 
End of News DGAP News Service

1261143  22.12.2021 

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(DGAP)
Contact:
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+49 (0) 89 444 430-000

 

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