Ad-hoc 15 Mar 2016

Sixt SE resolves share buy-back in a total amount of up to EUR 50 million

Sixt SE  / Key word(s): Share Buyback15.03.2016 07:19Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Pullach, 15 March 2016 - The Managing Board of Sixt SE has - with consentof the Supervisory Board - resolved to buy back own ordinary and preferenceshares on the stock exchange for a total maximum purchase price of EUR 50million (excluding incidental purchase expenses). The shares shall bebought back for the purpose of reducing the share capital by cancellationof acquired shares. The share buy-back program shall begin on 16 March 2016(earliest possible purchase date) and shall end, at the latest, on 31December 2016 (last possible purchase date).The allocation of the total volume of repurchased shares between ordinaryand preference shares will depend on the availability of the respectiveshare classes for trading on the stock exchange. On the basis of theclosing price of the ordinary and preference shares in Xetra-trading on 14March 2016 and the assumption that the volume of repurchased ordinary andpreference shares will correspond to the average proportion of theseclasses of shares traded in Xetra in the previous three months, theenvisaged share buy-back volume of up to EUR 50 million would correspond toa buy-back of approximately 1.2 million shares, thereof approximately700,000 ordinary and 500,000 preference shares. This is equivalent toapproximately 2.5 % of the share capital of Sixt SE.The share buy-back program shall be carried out in accordance with sections14 para. 2, 20a para. 3 German Securities Trading Act (WpHG) in conjunctionwith EU Regulation (EG) No. 2273/2003 (so-called Safe Harbour) respectivelyafter 3 July 2016 in accordance with the relevant provisions of EURegulation (EU) No. 596/2014.15.03.2016 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at and Language:     EnglishCompany:      Sixt SE              Zugspitzstraße 1              82049 Pullach              GermanyPhone:        +49 (0)89 74444-5104Fax:          +49 (0)89 74444-85104E-mail:       investorrelations@sixt.comInternet:     http://se.sixt.deISIN:         DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt              Namensaktien, DE000A1E8V89 Sixt-Anleihe 2010/2016,              DE000A1PGPF8 Sixt-Anleihe 2012/2018, DE000A11QGR9              Sixt-Anleihe 2014/2020WKN:          723132Indices:      SDAXListed:       Regulated Market in Frankfurt, Munich; Regulated Unofficial              Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart;              Terminbörse EUREX End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------
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