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Since 2020, Melanie Ilg is supporting audius in the area of investor relations and corporate development.
Weinstadt, August 18, 2023.
The Management Board of audius SE resolved today, with the consent of the Supervisory Board, to repurchase up to 70,000 shares of the company (representing up to 1.41% of the current share capital of the company) by way of a voluntary public share buyback offer at an offer price of EUR 14.05 per share.
With the public share buyback offer, the Executive Board is making use of the authorization granted by the Annual General Meeting on July 1, 2021 to acquire treasury shares in accordance with Sect. 71 Para. 1 No. 8 AktG. The shares are to be acquired to finance future acquisitions and for issuance to employees. Other uses of the repurchased shares in accordance with the authorization resolution of the Annual General Meeting of July 1, 2021 are not excluded.
The acceptance period begins on August 30, 2023, 00:00 hours (CEST) and ends, subject to shortening or extension, on September 19, 2023, 24:00 hours (CEST). If more than 70,000 shares are tendered for repurchase under the offer, the declarations of acceptance will be considered proportionately, i.e. according to the ratio of shares tendered (tender ratio).
Further details of the public share buyback offer and its settlement can be found in the offer document (only in German), which is expected to be published on August 23, 2023 on the Company's website (www.audius.de) in the section "Investor Relations - Share buyback - Share buyback 2023" and subsequently also in the German Federal Gazette (Bundesanzeiger) at www.bundesanzeiger.de.