28.07.2016 22:00:43
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DGAP-Ad hoc: QIAGEN N.V.
QIAGEN N.V. / Key word(s): Capital Reorganisation/Corporate Action
28.07.2016 22:00
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc Announcement of Insider Information according to Article 17 MAR
QIAGEN intends to return capital of US$300 million to shareholders by end
of 2017
Venlo, The Netherlands, July 28, 2016 - QIAGEN N.V. announces that it
intends to return capital to its shareholders in the additional amount of
approximately US$200 million by early 2017. Considering the share
repurchase program announced on 27th April 2016 of up to a total of US$100
million, which has not yet been started, the total return figure is
expected to be approximately US$300 million. Both the manner and structure
and the exact timing of the capital return are still subject to the
approval of QIAGEN's Managing Board and Supervisory Board and will be
announced separately at a later stage.
In addition, QIAGEN gives notice that the already announced repurchase program of up to US$100 million is now intended to be completed before the end of 2017. Details of the repurchase program will be announced before its actual commencement in line with Article 5 Section (1) and (6) of the EU regulation 596/2014 in conjunction with the regulatory technical standards adopted by the European Commission (so called Safe Harbour Regulation). Repurchased shares will be held in treasury in order to satisfy obligations for exchangeable debt instruments and employee share-based remuneration plans.
QIAGEN N.V.
Hulsterweg 82
5912 PL Venlo
The Netherlands
ISIN: NL0000240000
Frankfurt Stock Exchange, Regulated Market (Prime Standard)
Contacts QIAGEN N.V.:
Corporate Communications
John Gilardi, Tel: +49 2103 29 11711; ir@qiagen.com
Thomas Theuringer, Tel: +49 2013 29 11826 pr@qiagen.com
28.07.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
--------------------------------------------------------------------------- Language: English Company: QIAGEN N.V. Hulsterweg 82 5912 PL Venlo Netherlands Phone: +31 7735566 - 00 Fax: +31 77 35566-58 E-mail: qiagen@qiagen.com Internet: www.qiagen.com ISIN: NL0000240000 WKN: 901626 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Terminbörse EUREX; London, Chicago, Nasdaq, SIX End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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