UMS United Medical Systems International AG / Key word(s): Share Buyback/Share Buyback 15.12.2014 13:37 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- NOT FOR PUBLICATION OR DISTRIBUTION - DIRECTLY OR INDIRECTLY - IN THE UNITED STATES UMS United Medical Systems International AG, Hamburg launches buyback offer for up to 475,766 shares - Price of EUR 10,50 offered per share - Offer available for up to 475,766 shares (approximately 10.00% of the share capital) - Newly acquired shares expected to be retired Hamburg, December 15, 2014. The Management Board of UMS United Medical Systems International AG, Hamburg (ISIN DE 0005493654 /WKN 549365) decided today, with the Supervisory Board's consent, to make a public tender offer to UMS AG shareholders to buy back up to 475,766 no-par-value bearer shares. This corresponds to a share of up to 10.00% of the Company's current share capital. The basis for launching the public buyback offer is the resolution of the Company's Shareholders' Meeting held on May 31, 2012. The buyback period begins on Tuesday, December 16, 2014 and ends on Tuesday, January 27, 2015 at midnight Central European Time. The price offered for the buyback of each tendered share of the Company is EUR 10,50 and is thus approximately 4,61% higher than the average closing price for the share in XETRA trading on the last five trading days on the Frankfurt Stock Exchange prior to the publication of the buyback offer. If more than 475,766 shares of UMS United Medical Systems International AG are tendered in response to the buyback offer, the acceptance forms will be considered proportionally, with priority being given to small offers to sell units up to 100 shares. Once the buyback offer has been fully accepted and implemented, the treasury shares held by UMS United Medical Systems International AG would increase from the current level of zero to 475,766 shares. This would represent almost 10% of the Company's share capital. The number of shares outstanding will therefore fall further as the buyback offer is accepted and implemented. This will have a positive effect on earnings per share. The Management Board of UMS AG intends to retire the shares that are redeemed. The details of the offer are contained in the offering circular, which is available on the Company's website (http://www.umsag.com) under "Investor Relations / Share Buyback" and in the online version of the Federal Gazette of December 15, 2014. The offer will be carried out solely on the terms of the offering circular to be published. The buyback offer is not and will not be distributed directly or indirectly in the United States of America. Therefore, the offering circular cannot be published, sent, distributed or circulated in the United States of America, whether through the mails or any other means or instrumentalities of interstate commerce or foreign trade or the facilities of a national stock exchange of the United States of America. This includes without limitation facsimile transmission, electronic mail, telex, telephone and the Internet. Accordingly, copies of this offer and any documentation relating to the offer should not be sent or transmitted to or in the United States. Any acceptance forms that directly or indirectly violate the foregoing restrictions, including forms from shareholders located, residing or domiciled in the United States, will not be accepted by the Company. About UMS AG UMS International AG is a corporation listed in the Prime Standard segment of Deutsche Börse AG. The Company sold its interest in United Medical Systems (DE), Inc. and thus essentially all its assets on August 14, 2014. The shareholders agreed to this sale at the special meeting held on September 25, 2014. The sale was consummated on November 11, 2014. Now that the assets have been sold, the purpose of the Company is to manage its own assets. Contact Christian Möller, Tel: (040) 50 01 77-00, Fax: (040) 50 01 77-77, E-Mail: [email protected] 15.12.2014 The DGAP 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: UMS United Medical Systems International AG Borsteler Chaussee 53 22453 Hamburg Germany Phone: +49 (0)40 - 500 177 - 00 Fax: +49 (0)40 - 500 177 - 77 E-mail: [email protected] Internet: www.umsag.com ISIN: DE0005493654 WKN: 549365 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------