Wirecard AG publishes details of Share Buyback Program 2019/I Corporate News

Aschheim (Munich) (ots) - Announcement pursuant to Article 5(1a) of Regulation
(EU) No 596/2014 and Art. 2(1) of the Commission Delegated Regulation (EU)
2016/1052

The management board (the "Management Board") of Wirecard AG (ISIN DE0007472060)
(the "Company") has resolved on October 17, 2019, with approval of the Company's
supervisory board (the "Supervisory Board") as of the same day, to implement a
share buyback program (the "Share Buyback Program 2019/I") for an amount of up
to EUR 200 million (excluding acquisition expenses).

The Share Buyback Program 2019/I is to be conducted under the authorization of
the Company's annual general meeting of June 20, 2017, according to which the
Company's own shares may be purchased, in addition to a sale via the stock
exchange or via an offer to all shareholders in proportion to their
shareholding, for any permissible purpose, in particular for the purpose of
redemption and for the offer and transfer in return for non-cash contributions
in the case of company acquisitions.

Within the Share Buyback Program 2019/I, up to 2,500,000 of the Company's shares
may be repurchased in the period from November 5, 2019 to November 5, 2020. The
Management Board has approved, with approval of the Supervisory Board, an amount
of EUR 200 million as the largest possible total purchase price for the
acquisition of shares of the Company (excluding acquisition expenses).

The share buyback will be carried out in accordance with the Safe Harbor Rules
defined under Article 5 of Regulation (EU) No. 596/2014 of the European
Parliament and of the Council dated April 16, 2014, in conjunction with the
provisions of the Commission Delegated Regulation (EU) 2016/1052 of the
Commission dated March 8, 2016.

In accordance with the authorization granted by Company's annual general meeting
held on June 20, 2017, the purchase price paid by the Company per share of the
Company (excluding incidental acquisition costs) if acquisition is carried out
through the stock exchange may not exceed by more than 10 % or fall below by
more than 20 % the average of the closing prices in Xetra trading (or in a
comparable successor system on the Frankfurt Stock Exchange) for shares of the
Company of the same class on the last five trading days prior to the date of
acquisition or, if earlier, the date on which the obligation to acquire was
entered into. In addition, in accordance with Art. 3 (2) of the Commission
Delegated Regulation (EU) 2016/1052 dated March 8, 2016, within the Share
Buyback Program 2019/I, shares may not be acquired at a price that exceeds that
of the most recent independently executed transaction or (if this should be
higher) that exceeds that of the currently highest independent offer on the
exchange on which the purchase is taking place.

The share buyback will be carried out under the authority and for account of the
Company by a financial institution that will make its decisions regarding the
timing of the acquisition of treasury shares independently and without the
influence of the Company during the aforementioned period, in accordance with
Art. 4 (2b) of the Commission Delegated Regulation (EU) 2016/1052 of March 8,
2016. Therefore, the Company will exert no influence on the decisions of the
financial institution. Among other things, the financial institution has also
undertaken to comply with the trading conditions defined under Art. 3 of the
Commission Delegated Regulation (EU) 2016/1052 dated March 8, 2016 and the
requirements established in the Share Buyback Program 2019/I.

The Share Buyback Program 2019/I may be suspended and also resumed at any time
where necessary and permitted under the law.

The acquired shares may be used for any of the purposes set out in Article 5(2)
of Regulation (EU) No 596/2014 of the European Parliament and of the Council of
16 April 2014 on market abuse (Market Abuse Regulation).

Information regarding the transactions related to the Share Buyback Program
2019/I will be appropriately announced in a manner corresponding to the
requirements set forth under Art. 2(3) sentence 1 in conjunction with (2) of the
Commission Delegated Regulation (EU) 2016/1052 dated March 8, 2016, on or before
the end of the seventh trading day following the date on which such transactions
are executed.

In addition, the Company will publish the announced transactions in the
'Investor Relations' section of its website (www.wirecard.de) in accordance with
Art. 2 (3) sentence 2 of the Commission Delegated Regulation (EU) 2016/1052
dated March 8, 2016, and ensure that the information remains publicly accessible
for a minimum of five years from the date of each such publication.

About Wirecard:

Wirecard (GER:WDI) is one of the world's fastest growing digital platforms in
the area of financial commerce. We provide both business customers and consumers
with a constantly expanding ecosystem of real-time value-added services built
around innovative digital payments by using an integrated B2B2C approach. This
ecosystem concentrates on the areas payment & risk, retail & transaction
banking, loyalty & couponing, data analytics & conversion rate enhancement in
all sales channels (online, mobile, ePOS). Wirecard operates regulated financial
institutions in several key markets and holds issuing and acquiring licenses
from all major payment and card networks. Wirecard AG is listed on the Frankfurt
Stock Exchange (DAX and TecDAX, ISIN DE0007472060). Visit us on
www.wirecard.com, follow us on Twitter @wirecard and on Facebook @wirecardgroup.

Wirecard contact:

Wirecard AG
Iris Stöckl
VP Investor Relations/ Corporate Communications
Tel.: +49 (0) 89-4424-1424
E-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.de
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY

Original-Content von: Wirecard AG, übermittelt durch news aktuell