Grand City Properties S.A. (IRSH) 
Grand City Properties S.A.: Release of a capital market information 
15-March-2021 / 07:54 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
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Announcement pursuant to Art. 5(1) lit. a) of Regulation (EU) No 596/2014 and Art. 2(1) of Delegated Regulation (EU) 
2016/1052 / Share Buy-Back Programme 2021 
Luxembourg, 15 March 2021 
On 15 March 2021, the Board of Directors of Grand City Properties SA (the 'Company') has resolved to carry out a share 
buy-back programme with a volume of up to 10 million shares of the Company (ISIN: LU 0775917882) for a total purchase 
price (excluding incidental costs) of up to EUR 200 million ('Share Buy-Back Programme 2021'). The buy-back via the 
Xetra-trading system of the Frankfurt stock exchange will begin on 16 March 2021 and will be conducted for a period up 
to 31 December 2021. The repurchased shares of the Company may be used in accordance with the authorization of the 
resolution of the Annual General Meeting of Company on 24 June 2020. 
The Share Buy-Back Programme 2021 will be carried out based on the authorization of the Annual General Meeting of 
Company on 24 June 2020. Under this authorization, the Company is authorized to acquire, either directly or through a 
subsidiary of the Company, until 23 June 2025 treasury shares in an amount of up to 20% of the aggregate nominal amount 
of the issued share capital of the Company from time to time, at the date of exercise of the authorisation. If the 
shares are repurchased over a stock exchange, the purchase price per share (excluding any ancillary buy-back costs and 
without any tax gross-up obligation) shall not exceed by more than 20%, and not fall short of by more than 50%, the 
opening auction price on the trading day in Frankfurt am Main in the Xetra-trading system (or any comparable successor 
system). 
The purchase of treasury shares by way of the Share Buy-Back Programme 2021 will be carried out by the Company or a 
subsidiary of the Company by instructing one or several credit institutions. To the extent it is intended to repurchase 
shares of the Company during a closed period within the meaning of Art. 19(11) of Regulation (EU) No 596/2014 of the 
European Parliament and the Council of 16 April 2014 or during a period in which Company has decided to delay the 
public disclosure of inside information in accordance with Art. 17(4) of Regulation (EU) No 596/2014 of the European 
Parliament and the Council of 16 April 2014, the Company will instruct a credit institution to execute such 
repurchases. The credit institution will make its trading decisions concerning the timing of the purchases of the 
shares of the Company independently of and without any influence from the Company within the meaning of Art. 4(2) lit. 
b) of Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016. Insofar, the Company will not exercise any 
influence over the credit institution's decisions. The Company will carry out the purchases in accordance with Art. 5 
of Regulation (EU) No 596/2014 of the European Parliament and the Council of 16 April 2014 as well as the provisions of 
Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016 and on the basis of the aforementioned 
authorization by the Annual General Meeting of the Company on 24 June 2020. To the extent the Company will instruct one 
or several credit institutions to purchase the shares of the Company, the Company will obligate these credit 
institutions accordingly. 
The shares of the Company will be purchased at market prices in accordance with the conditions for trading pursuant to 
Art. 3 of Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016. In particular, the shares of the 
Company will not be purchased at a price higher than the higher of the price of the last independent trade and the 
highest current independent purchase bid on the trading venue where the purchase is carried out. In addition, Company 
will not purchase on any trading day more than 25% of the average daily volume of the shares on the trading venue on 
which the purchase is carried out. The average daily volume is calculated based on the average daily volume traded 
during the 20 trading days preceding the date of the respective purchase. To the extent required and legally 
permissible, the Share Buy-Back Programme 2021 can be suspended and also resumed at any time. 
Information on the transactions relating to the Share Buy-Back Programme 2021 will be adequately disclosed no later 
than by the end of the seventh daily market session following the date of execution of such transactions in a detailed 
form and in an aggregated form. In addition, the Company will post on its website (www.grandcityproperties.com) under 
section 'Investor Relations' the transactions disclosed and keep that information available for the public for at least 
a 5-year period from the date of public disclosure. 
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ISIN:          LU0775917882, XS1130507053, XS1191320297, XS1220083551, XS1491364953, XS1373990834, XS1654229373, 
               XS1811181566, XS1706939904, XS1763144604, XS1781401085, CH0401956872 
Category Code: POS 
TIDM:          IRSH 
LEI Code:      5299002QLUYKK2WBMB18 
OAM            2.4. Acquisition or disposal of the issuer's own shares 
Categories: 
Sequence No.:  95475 
EQS News ID:   1175446 
 
End of Announcement  EQS News Service 
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(END) Dow Jones Newswires

March 15, 2021 02:55 ET (06:55 GMT)