Grand City Properties S.A.: Release of a capital market information
March 29, 2021 at 04:00 pm IST
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Grand City Properties S.A. (IRSH)
Grand City Properties S.A.: Release of a capital market information
29-March-2021 / 12:28 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Disclosure pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of the Regulation (EU) No 596/2014 (MAR) in conjunction with Art. 2 Sec. 2 and Sec. 3 of the Commission Delegated Regulation (EU) No 2016/1052 - 02 Interim Announcement
In the period from 22 March 2021 up to and including 26 March 2021, Grand City Properties S.A. bought back a total of 408,149 shares of Grand City Properties S.A. under the Share Buy-Back Programme 2021; on 15 March 2021, Grand City Properties S.A. disclosed pursuant to Art. 2 Sec. 1 of the Commission Delegated Regulation (EU) No 2016/1052 the beginning of the share buyback on 16 March 2021.
The overall volume of the shares bought back daily and the daily volume-weighted average stock market prices of the shares are as follows:
Date
Aggregate volume
Weighted average price (EUR)
22.03.2021
120,478
21.49936
23.03.2021
103,527
21.77399
24.03.2021
40,595
21.78646
25.03.2021
87,615
21.40145
26.03.2021
55,934
21.58666
In total
408,149
21.58852
The purchase of the Grand City Properties S.A. shares was carried out by a bank commissioned by Grand City Properties S.A. and exclusively via the Frankfurt Stock Exchange (XETRA trading).
More detailed information pursuant to Art. 5 Sec. 1 lit. b) and Sec. 3 of the Regulation (EU) No 596/2014 in conjunction with Art. 2 Sec. 2 and Sec. 3 of the Commission Delegated Regulation (EU) No 2016/1052 is available on the internet at https://www.grandcityproperties.com/investor-relations/equity/share-buy-back/
Grand City Properties SA is a Luxembourg-based company active in the Real Estate segment of industry. The Company is focused on the acquisition and management of residential properties in Germany, especially in large urban high-density areas. The Company intends to hold the majority of acquired properties in its own portfolio on a long term basis. It has its properties in such German cities as Berlin, Dortmund, Hagen, among others.