EQS-Ad-hoc: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain/Share Buyback
The Management Board of Advanced Blockchain AG (Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) has decided today, based on the authorization of the Annual General Meeting of 8.4.2021 to acquire own shares, to conduct a Public Purchase Offer for the acquisition of up to 325,000 shares (corresponding to 8.6% of the current share capital) of Advanced Blockchain AG. The share buyback is to take place at an acquisition price (excluding incidental acquisition costs) of EUR 3.10 per no-par value bearer share of Advanced Blockchain AG. This offer price exceeds the average stock exchange price of the share in the last ten trading days prior to the day of the resolution of the Management Board on the implementation of the share buyback offer by less than ten percent. The acceptance period runs from January 10, 2023 to January 24, 2023, 12 noon CET.
Further details on the Public Tender Offer will be included in the offer document, which will be published on the company's website www.advancedblockchain.com under the Investor Relations section as well as in the German Federal Gazette. The shareholders of Advanced Blockchain AG are advised to carefully review the offer document after its publication.
05-Jan-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Advanced Blockchain AG |
Scharnhorststraße 24 | |
10115 Berlin | |
Germany | |
Phone: | +4930403669510 |
Fax: | 030403669511 |
E-mail: | info@advancedblockchain.com |
Internet: | www.advancedblockchain.com |
ISIN: | DE000A0M93V6 |
WKN: | A0M93V |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1527861 |
End of Announcement | EQS News Service |
|
1527861 05-Jan-2023 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.