DGAP-News: TIG Themis Industries Group ends share buy-back early

TIG Themis Industries Group GmbH & Co. KGaA / Share Buyback

11.12.2009 

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TIG, Themis Industries Group GmbH & Co. KGaA (ISIN: DE000A0XYL04), has
called an early end to its share buy-back program.

By resolution of the General Meeting of 4 September 2008, the Company was
authorised to acquire its own shares in accordance with § 71 (1), sentence
1, no. 8, of the German Stock Corporations Act (AktG), up to a total of 10%
of the then existing share capital.

On 8 June 2009, the Management Board decided to repurchase up to 5% of the
Company's share capital (266,601 treasury shares) over the stock exchange
on or before 30 October 2009. On 30 October 2009, the Board extended this
program until 31 March 2010. To date, 140,700 of the Company's shares have
been acquired under this share buy-back program, at an average price of EUR
3.67 per share, corresponding to a total outlay of around EUR 500,000. The
acquisition was handled exclusively through the 'Xetra' electronic trading
platform and on the Frankfurt Stock Exchange's trading floor by Silvia
Quandt & Cie. AG.

When the share buy-back program began on 9 June 2009, the Company already
had 34,200 of its own shares in its portfolio. Consequently, TIG currently
holds a total of 174,500 of its own shares, which corresponds to 3.27% of
current share capital.

Under the exchange offer by Heliad Equity Partners GmbH & Co. KGaA and the
associated merger planned between the two companies, TIG management is
planning to exchange the repurchased shares for shares of Heliad.

In accordance with Art. 4 (3) and (4) of Commission Regulation (EC) No.
2273/2003 of 22 December 2003 (Exemptions for Buy-back Programmes and
Stabilisation of Financial Instruments), in conjunction with Art. 20 (1) of
Council Directive 93/22/EEC on Investment Services in the Securities Field
(Investment Services Directive), detailed information regarding
developments in the share buy-back program thus far, is available on the
Company's internet site at
http://www.themis-industries.de/127-1-Share-Buy-back.

++ About TIG Themis Industries Group

The TIG Themis Industries Group is an industrial holding company that
specialises in investments in small- and medium-sized companies in
turnaround and special situations.

Restructuring teams throughout Europe quickly revitalise TIG's equity
interests to create competitive, high return companies.

These investments are then either sold at a profit or remain in the
portfolio as base investments providing high dividends and
returns.

Contact:
TIG Themis Industries Group GmbH & Co. KGaA
Christoph D. Kauter
Chief Executive Officer
Phone: +49 69 71 91 59 65 39
investor-relations@themis-industries.de




11.12.2009  Financial News distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]

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Language:     English
Company:      TIG Themis Industries Group GmbH & Co. KGaA
              Grüneburgweg 18
              60322 Frankfurt am Main
              Deutschland
Phone:        069 - 71 91 59 65 - 0
Fax:          069 - 71 91 59 65 - 11
E-mail:       info@themis-industries.de
Internet:     http://www.themis-industries.de
ISIN:         DE000A0XYL04
WKN:          A0XYL0
Listed:       Freiverkehr in Stuttgart; Entry Standard in Frankfurt
 
End of News                                     DGAP News-Service
 
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