Aramis Group SAS (ENXTPA:ARAMI) commences share repurchases on February 4, 2025, under the program mandated by the Annual General Meeting held on February 4, 2025. As per the mandate, the company is authorized to repurchase shares such that the company?s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time. The maximum purchase price per share, net of costs, may not exceed ?23 per share.
Share buybacks may be made: to ensure liquidity and for market-making for the Company's shares through an investment services intermediary acting independently under a liquidity contract compliant with the market practice accepted by the French Financial Markets Authority (AMF) on July 1, 2021; to allocate shares to the executive directors, corporate officers and employees of the Company and other entities of the Group; to deliver the Company's shares upon the exercise of rights attached to securities entitled to allocation of the Company's equity, directly or indirectly, through redemption, conversion, exchange, presentation of a warrant, or in any other manner; to hold the Company's shares for subsequent use as payment or exchange in any acquisition, merger, spin-off or contribution; to cancel some or all of the shares thus purchased; to engage in any market practice accepted by the AMF and, more generally, to execute any transaction compliant with the regulations in force. The program is valid for 18 months.
