Press release
Lesquin, 1st
Description of the share buy back programme authorised by the Combined general meeting of
1. Legal framework
Pursuant to the provisions of Articles L.
2. Date of the combined general meeting of shareholders that authorised the share buyback programme and date of implementation
The authorisation for the Company to purchase its own shares was granted by the Combined General Meeting of
3. Number of shares and percentage of share capital held directly or indirectly
As of
4. Breakdown of directly held securities by objective
On
- market making for the Company’s shares (liquidity contract): 9,650 shares,
- retention with a view to future delivery in exchange or payment of other shares in connection with possible external growth transactions: 0 shares.
5. Purpose of the new buyback programme
The purpose of the share buyback programme implemented by the Board of Directors on
- cancelling them subsequently by reducing the Company's share capital, in accordance with the authorisation granted to the Board of Directors by the Combined General Meeting of
- animating the market through the intermediary of an investment services provider acting in the name and on behalf of the Company within the framework, in particular, of a liquidity contract that complies with the ethical charter recognised by the Autorité des Marchés Financiers.
The procedures for implementing this target are as follows:
- completion of the share buyback programme by an investment services provider,
- implementation as of
- continuation of the liquidity contract.
6. Maximum percentage of capital, maximum number and specifications of securities, maximum purchase price
As at
The buyback programme concerns the shares of the
The Combined General Meeting of
Considering the maximum purchase price set by the General Meeting at
7. Duration of the buyback programme
The duration of the programme has been set at 18 months as from the Combined General Meeting of
Next publication:
Q4 2020/21 sales:
Press release after close of the
ABOUT | |
SALES 2019-2020 263.5 M€ HEADCOUNT Ca. 750 employees INTERNATIONAL 21 subsidiaries and a distribution network in 100 countries www.bigben-group.com | Company listed on Euronext Paris, compartment B – Index : CAC Mid & Small – Eligible SRD long ISN : FR0000074072 ; Reuters : BIGPA ; Bloomberg : BIGFP PRESS CONTACTS CapValue – Gilles Broquelet gbroquelet@capvalue.fr - +33 1 80 81 50 01 |
Attachment
- BBI - CP Programme rachat d'actions_ENG_Diffusion
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