27.11.2013 Ming Le Sports AG  DE000A1MBEG8

DGAP-News: Ming Le Sports AG starts share buyback


 
DGAP-News: Ming Le Sports AG / Key word(s): Share Buyback Ming Le Sports AG starts share buyback 27.11.2013 / 10:41 --------------------------------------------------------------------- Ming Le Sports AG starts share buyback Ming Le Sports AG will commence today with the announced share buyback program. The Management Board had decided to conduct a buyback of own shares of up to 1,544,400 shares on the basis of the authority granted by the Annual General Meeting of June 24, 2013 during the period November 11, 2013 until the AGM 2014. It is intended that the share buyback will be conducted through a bank and exclusively on the stock exchange. The total buy back volume will depend on prevailing market conditions. The shares bought back may be used for all purposes permissible under the above mentioned authority and applicable stock corporation law. About Ming Le Sports AG Ming Le Sports AG is a rapidly growing branded sportswear company in China targeting 16 to 35-year-old men and women who lead an urban, vibrant and active lifestyle. Ming Le's products include footwear, apparel, accessories and equipment. The company strives to offer comfortable, fashionable and affordable lifestyle and leisure sportswear. Ming Le designs its own products and manufactures them at Ming Le's facilities or through contract manufacturers. Ming Le markets and sells its products through a network of 26 distributors to over 4,200 retail outlets in China. At present, Ming Le has more than 1,400 employees. For further information, please contact: Kirchhoff Consult AG Anja Ben Lekhal Tel: +49(0) 40 609 186 55 Mail: [email protected] Or visit http://www.mingle-sportswear.com End of Corporate News --------------------------------------------------------------------- 27.11.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Ming Le Sports AG Westhafenplatz 1 60327 Frankfurt am Main Germany Internet: www.mingle.cn ISIN: DE000A1MBEG8 WKN: A1MBEG Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of News DGAP News-Service --------------------------------------------------------------------- 241893 27.11.2013