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Public disclosure of inside information pursuant to Article 17 MAR

Vtion Wireless Technology AG: Redemption of 1,084,855 treasury shares with effect as of 1 October 2014

Frankfurt, 23 September 2014

The management board and the supervisory board of Vtion Wireless Technology AG, one of the leading suppliers of wireless data solutions for mobile computing in China, today resolved to redeem in total 1,084,855 treasury shares which had been acquired under a voluntary public tender offer to all shareholders between 11 April 2014 and 9 May 2014 and to reduce the Company's share capital accordingly, both with effect as of 1 October 2014.

The share capital of the Company from 1 October 2014 on therefore amounts to EUR 12,213,640.00 and is divided into 12,213,640 no par value bearer shares (Stückaktien) with a notional amount of the Company's share capital of EUR 1.00 each.

 

Additional information

Vtion Wireless Technology AG
Frankfurt Stock Exchange - Prime Standard
ISIN: DE000CHEN993 / WKN: CHEN99

 

For further information, please contact:

Kirchhoff Consult AG
Andreas Friedemann, Phone: +49 40 60 91 86 50, andreas.friedemann@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 proposals described in this announcement. The shares may not be offered to the public in any jurisdiction in circumstances 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 possession or 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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