Brief: Weng Fine Art Decides Not To Pursue Announced Placement Treasury Shares With Professional US Investors For Time Being

Weng Fine Art AG

27/06/2022 15:24

June 27 (Reuters) - WENG FINE ART AG  WFTG.DE :
    * ANNUAL GENERAL MEETING ON OCTOBER 6, 2020 TO BUY BACK
TREASURY
SHARES AND TO REPURCHASE UP TO A TOTAL OF 60,000 TREASURY SHARES
FROM ITS SHAREHOLDERS IN THE PERIOD FROM JULY 1, 2022 TO
DECEMBER 31, 2022
    * THE SHARES WILL BE ACQUIRED EXCLUSIVELY VIA THE STOCK
EXCHANGE.
THE CONSIDERATION PER SHARE PAID BY THE COMPANY (EXCLUDING
INCIDENTAL ACQUISITION COSTS) WILL NOT BE MORE THAN 10% HIGHER
OR LOWER THAN THE AVERAGE CLOSING PRICE OF THE COMPANY'S SHARES
IN XETRA TRADING ON THE FRANKFURT STOCK EXCHANGE

Source text for Eikon:  ID:nPex18V6Ha 
Further company coverage:  WFTG.DE 

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