DGAP-News: EDAG Engineering Group AG: Purchase of additional shares by ATON

DGAP-News: EDAG Engineering Group AG / Key word(s): Miscellaneous

13.12.2016 / 09:27
The issuer is solely responsible for the content of this announcement.


Corporate News


EDAG Engineering Group AG:
Purchase of additional shares by ATON

Arbon, December 13th, 2016. EDAG Engineering Group AG (EDAG), ISIN CH0303692047, has been informed by its shareholder ATON today that additional 483,757 EDAG shares have been acquired in an off-market transaction by ATON.
ATON further informed EDAG that, until further notice, it intends to continue the scheme to buy EDAG shares according to the conditions as communicated on August 23, 2016. The 483,757 shares that have now been acquired shall not be offset against the maximum number of EDAG shares purchased in the scheme.


About EDAG

EDAG is an independent engineering services provider to the global automotive industry. The company serves leading domestic and international vehicle OEMs and sophisticated automotive suppliers through a global network of about 60 sites in major automotive centres of the world.

EDAG offers complementary engineering services across its Vehicle Engineering, Electrics/Electronics and Production Solutions businesses. Based on these extensive capabilities, EDAG can support clients across the entire value chain from the original design idea to product development and prototype construction all the way to the delivery of turnkey production systems. As a technology and innovation leader, EDAG also operates established centres of excellence that design landmark technologies for future applications in the automotive industry, lightweight construction, electric mobility, car IT and new production technologies.

In financial year 2015, the company generated core revenues of EUR 722 million and an adjusted core EBIT of EUR 72.9 million. As at 31 December 2015, 8,139 employees (including apprentices) worked for EDAG in 19 countries.


Contact:

Investor Relations
Sebastian Lehmann
Head of Investor Relations
Phone: +49 (0) 611- 7375 168
Mail: ir@edag-group.ag
ir.edag.de



13.12.2016 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.

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