PSI Software AG Share Buyback

TIDM0KUR

PSI Software AG

01 February 2022

 
PSI Software AG / Key word(s): Share Buyback 
 PSI Software AG: Share Buyback for the Employee Participation Program 
 
 01.02.2022 
 The issuer is solely responsible for the content of this announcement. 
 
 PSI Software AG: Share Buyback for the Employee Participation Program 
 Berlin, February 1, 2022 - The Executive Board of PSI Software AG (ISIN DE000A0Z1JH9) decided 
 to buy back up to 50,000 of its own shares (this corresponds to approximately 0.32 percent 
 of the capital stock) through the stock exchange for the implementation of this years employee 
 participation program. 
 
 The share buyback complies with rules and regulations set forth in Sec. 71 (1) No. 8 AktG 
 (Aktiengesetz - German Stock Corporation Act) as authorized by the Annual General Meeting 
 on June 9, 2020. The shares may be used for all the purposes authorised in the General Meeting. 
 The total purchase price (excluding incidental costs) is up to EUR 1,800,000. 
 The share buyback will begin immediately and will be completed by April 30, 2022. It will 
 be carried out by an independent financial service provider in accordance with the safe harbor 
 rules defined under Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and 
 of the Council dated 16 April 2014, in conjunction with the provisions of the Delegated Regulation 
 (EU) 2016/1052 of the Commission dated 8 March 2016. In particular, the financial services 
 provider is required to execute the repurchase of shares as follows: 
 1. The shares are purchased at market prices in accordance with the aforementioned regulations. 
 The shares are not purchased at a price higher than the higher of the price of the last independent 
 trade and the highest current independent purchase bid on the trading venue where the purchase 
 is carried out. 
 2. On any trading day, no more than 25 percent of the average daily volume of the shares on 
 the trading venue on which the purchase is carried out is purchased. The average daily volume 
 is based on the average daily volume traded during the month preceding the month, in which 
 the publication of the share buyback program took place, that means, on the average daily 
 trading volume in January 2022. 
 The PSI Group develops its own software products for optimizing the flow of energy and materials 
 for utilities (energy grids, energy trading, public transport) and industry (metals production, 
 automotive, mechanical engineering, logistics). The industry-specific products, which are 
 built from standard components, are sold both directly and via the multi-cloud PSI App Store 
 and can also be customized by customers and partners themselves. PSI was founded in 1969 and 
 employs about 2,200 people worldwide. www.psi.de 
 
 
 
 Contact: 
 PSI Software AG 
 Karsten Pierschke 
 Head of Investor Relations and 
 Corporate Communication 
 Dircksenstraße 42-44 
 10178 Berlin 
 Phone [phone] 
 Fax [phone] 
 Email: [e-mail] 
 
 
 01.02.2022 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. 
 
 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News 
 and Press Releases. 
 Archive at www.dgap.de 
 
 
Language:      English 
Company:       PSI Software AG 
               Dircksenstraße 42-44 
               10178 Berlin 
               Germany 
Phone:         [phone] 
Fax:           [phone] 
E-mail:        [e-mail] 
Internet:      www.psi.de 
ISIN:          DE000A0Z1JH9 
WKN:           A0Z1JH 
Listed:        Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
                Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:   1275249 
 
 
 
 
 
 
End of News  DGAP News Service 
 

275249 01.02.2022

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February 01, 2022 06:16 ET (11:16 GMT)