Disclosure Announcement: Management Board and Supervisory Board decide on share buyback

On June 6, 2014, the Management Board and Supervisory Board of SYZYGY AG resolved to buy back up to 100,000 of SYZYGY AG shares (corresponding to 0.78 per cent of the capital stock) via the stock exchange. The share buyback program lasts up until December 6, 2014.

The share buyback is in line with the Annual General Meeting?s resolution of May 28, 2010, to buy back treasury stock of up to 10 per cent of the capital stock. The shares may be used for all the purposes authorized by the Annual General Meeting on May 28, 2010. 

The purchase price for the shares may neither exceed nor fall short of the average share price for the five trading days prior to the purchase commitment by more than 10 per cent. The relevant prices for determining the average are the closing prices for SYZYGY AG shares in electronic Xetra trading at the Frankfurt Stock Exchange (FWB).