DGAP-Kapitalmarktinformation: Draegerwerk AG & Co. KGaA

DGAP-CMS: Drägerwerk AG & Co. KGaA: Release of a capital market information

Drägerwerk AG & Co. KGaA / Share buyback: Notification pursuant to Art. 5 (1) of the Regulation (EU) No 596/2014 and Art. 2 (1) of the Commission Delegated Regulation (EU) 2016/1052

03.11.2016 08:00

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Notification pursuant to Art. 5 (1) of the Regulation (EU) No 596/2014 and Art. 2 (1) of the Commission Delegated Regulation (EU) 2016/1052

The share buyback announced by Drägerwerk AG & Co. KGaA ('Dräger') in its ad hoc report dated 9 September 2016 will begin on 8 November 2016. Dräger intends to buy back a total of 237,600 own preferred shares in the period ending 17 November 2016.

The share buyback serves to implement the employee participation program resolved on 9 September 2016.

The share buyback principally complies with rules and regulations set forth in Sec. 71 (1) Sentence 1 No.2 AktG (Aktiengesetz - German Stock Corporation Act). The buyback of preferred shares held by persons not employed by the Company or any associated company, neither at the present time nor in the past, will take place in accordance with the authorization issued by the Company's annual shareholders' meeting dated 27 April 2016, which permits the buyback of up to 10 percent of capital stock held in the form of own shares.

A bank will be tasked with the buyback. The bank will make its decisions concerning the time of purchase of the preferred shares independently of Dräger and free of its influence. The right of Dräger to terminate its contract with the bank early and assign the task to a different bank remains unaffected.

In both cases, the buyback complies with the so-called safe-harbor rules set forth in Art. 5 of the Regulation (EU) No 596/2014 in connection with the Commission Delegated Regulation (EU) 2016/1052.

The buyback will be made on the stock exchange. The purchase price will comply with the requirements set forth in the safe-harbor rules. In addition, the purchase price per preferred share (excluding acquisition charges) of those preferred shares to be acquired on the basis of the authorization issued by the annual shareholders' meeting may not exceed or fall below the price of the preferred shares in the opening auction in XETRA trading on the Frankfurt Stock Exchange on the trading day in question by more than 10 percent.

The share buyback may be suspended and resumed at any time in accordance with the relevant legal guidelines.

The transactions will be announced by the end of the seventh trading day after their conclusion at the latest in a method in accordance with the requirements set forth in Art. 2 (2) of the Commission Delegated Regulation (EU) 2016/1052.

Dräger will report on the course of the buyback program in accordance with the legal provisions on the Company's website (www.draeger.de) in the Investor Relations section.

Lübeck, Germany, 3 November 2016

Executive Board Drägerwerk Verwaltungs AG, acting as the general partner of Drägerwerk AG & Co. KGaA

Moislinger Allee 53-55 23558 Lübeck, Germany www.draeger.com

Disclaimer This ad hoc report contains statements on the future development of Dräger Group. These forward-looking statements are based on the current expectations, presumptions, and forecasts of the Executive Board as well as the information available to date. They were compiled to the best of the company's knowledge. Dräger does not provide any warranty nor assume any responsibility for the future developments and results described above. These are dependent on a number of factors. They entail various risks and contingencies outside of the company's influence and are based on assumptions which could prove to be incorrect. Dräger does not assume any responsibility for updating the forward-looking statements contained in this report. This does not infringe any legal stipulations on the adjustment of forecasts. Please go to Investoren / Finanzkalender at www.draeger.com for information on all important financial dates.



03.11.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Drägerwerk AG & Co. KGaA Moislinger Allee 53-55 23542 Lübeck Germany Internet: www.draeger.com End of Announcement DGAP News-Service ---------------------------------------------------------------------------