Regulated information within the meaning of the Royal Decree of 14 November 2007
REDEMP T ION |
OF |
PRESS RELEASE SHARES Antwerp, October 24, 2016 |
REDEMPTION OF SHARES
The extraordinary shareholders' meeting of Acker- mans & van Haaren NV has on 26 November 2014 renewed the powers delegated to the board of directors to redeem shares for a period of 5 years.
In the framework of these powers, Ackermans & van Haaren has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH share. In the framework of this liquidity pro- gramme, Kepler Cheuvreux has in the period from October 17, 2016 until October 22, 2016 acquired a total of 5,175 shares on Euronext Brussels on behalf of AvH.
AvH shares are acquired and sold under this pro- gramme. Since 1 January 2016, this has resulted in a net redemption of -449 own shares.
In addition, Ackermans & van Haaren currently owns 343,500 own shares, or 1.03% of the total shares outstanding, in the context of covering the obligations of the company under the stock option plan.
Date | Number of acquired shares | Price per share (in euros) | Total amount (in euros) |
17/10/2016 | 2,975 | 121.20 | 360,570.00 |
18/10/2016 | 400 | 121.10 | 48,440.00 |
20/10/2016 | 1,200 | 122.40 | 146,880.00 |
21/10/2016 | 600 | 123.20 | 73,920.00 |
In 2015, through its share in its participations, the AvH group represented a turnover of 5.3 billion euros and employed 22,077 people. The group concentrates on a limited number of stra- tegic participations with significant potential for growth. AvH is quoted on the BEL20 index, the Private Equity NXT index of Euronext Brussels and the European DJ Stoxx 600.
Website
All press releases issued by AvH and its most im- portant group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be. Anyone who is interested to receive the press releases via email has to reg- ister to this website.
For further information please contact: Jan Suykens
CEO - Chairman Executive Committee Tel. +32.3.897.92.36
Tom Bamelis
CFO - Member Executive Committee Tel. +32.3.897.92.42
e-mail: dirsec@avh.be
November 22, 2016 | Quarterly update Q3 2016 |
February 28, 2017 | Annual results 2016 |
Financial calendar
Ackermans & van Haaren NV - Begijnenvest 113 - 2000 Antwerp - Belgium - Tel. +32 3 231 87 70 - info@avh.be - www.avh.be
Ackermans & van Haaren NV published this content on 24 October 2016 and is solely responsible for the information contained herein.
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