Authorisation of the Management Board to repurchase shares on
behalf of the Company.
The chairman noted that, as set forth in the full agenda, it was proposed to
authorise the Management Board to repurchase up to fifty per cent (50%) of the
Company's issued share capital on behalf of the Company for a period of eighteen
(18) months starting the day this resolution was adopted by the general meeting of
shareholders of the Company, at a repurchase price between, on the one hand, the
nominal value of the shares concerned and, on the other hand, an amount of one
hundred and ten per cent (110%) of the highest price of the class B shares
officially quoted on any of the official stock markets the Company is listed on any
of thirty (30) banking days preceding the date the repurchase was effected or
proposed.
The chairman explained that this authorisation would allow the Management
Board, subject to prior Supervisory Board approval, to be flexible and to react
quickly, if and when deemed appropriate. This authorisation could be used for any
and all purposes, subject only to statutory limitations.
The chairman asked if there were any questions.
There were no other questions. The chairman then put the following proposal to a
vote:
"It is proposed to authorise the Management Board to repurchase shares on behalf
of the Company in accordance with the proposal set forth in the full agenda."
The chairman asked if everybody agreed. No dissenting voices being heard, the
chairman concluded that this resolution was adopted by acclamation.
The chairman then moved to the next item of the agenda.
http://www.jubii.com/eng/files/2010/...10%20Draft%20for%20Website.pdf
Quelle: jubii.com |
