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Public disclosure of inside information pursuant to Article 17 MAR

Vtion Wireless Technology AG completed Share-Buyback Program today

Frankfurt, May 19, 2014

Vtion Wireless Technology AG, one of the leading suppliers of wireless data solutions for mobile computing in China, closed its share-buyback program today. Starting on April 11, 2014 Vtion Wireless Technology AG offered its shareholders to buyback 1,329,849 shares for 2.95 Euros per no-par bearer share of the company including all dividend claims.

During the offer and the grace period the total amount of 1,084,855 shares were tendered corresponding an amount of 3,200,322.25 Euros.

The shares of the share-buyback program are registered with the code ISIN DE000CHEN993 / WKN CHEN99.

 

For further information, please contact:

Kirchhoff Consult AG
Dr Kay Baden, tel.: +49 40 60 91 86 39, baden@kirchhoff.de

 

Disclaimer:

This release is for information only and does not constitute an offer to sell, purchase, exchange or transfer any securities or a solicitation of any such offer in the United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. Neither Vtion Wireless Technology AG ("Vtion") nor any other participant in the transactions described herein intends to register any securities under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States in connection with the proposalsdescribed in this announcement. The shares may not be offered to the public in any jurisdiction incircumstances which would require the preparation or registration of any prospectus or offering document relating to the shares in such jurisdiction. No action has been taken by Vtion or any of its affiliates that would permit an offering of the shares or possessionor distribution of this announcement or any other offering or publicity material relating to such securities in any jurisdiction where action for that purpose is required.

As far as this release contains forward-looking statements with respect to the business, financial condition and results of operations of Vtion, these statements are based on current expectations or beliefs of Vtion's management. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those reflected in such forward-looking statements. Apart from other factors not mentioned here, differences could occur as a result of changes in the overall economic situation and the competitive environment - especially in the core business segments and markets of Vtion. Also, the development of the financial markets and changes in national as well as international provisions particularly in the field of tax legislation and financial reporting standards could have an effect. Terrorist attacks and their consequences could increase the likelihood and the extent of differences. Vtion undertakes no obligation to publicly release any revisions or updates to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

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