Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: Final Report
February 02, 2022 at 01:06 pm EST
Share
DGAP-News: HelloFresh SE
/ Key word(s): Share Buyback
Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: Final Report
02.02.2022 / 19:04
The issuer is solely responsible for the content of this announcement.
Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: Final Report
The management board of HelloFresh SE (ISIN: DE000A161408) (the "Company"), with the consent of the Company's supervisory board, resolved on 10 January 2022 to introduce a share buy-back program with a total volume of up to EUR 250 million, which shall consist of two tranches. Under the first tranche, the Company could acquire shares for up to EUR 125 million in the period from 11 January 2022 to (and including) 31 March 2022. The Company announced the terms of this program on the same date in accordance with Article 5(1)(a) of Regulation (EU) No 596/2014 and Article 2(1) of Commission Delegated Regulation (EU) 2016/1052.
In the period from 11 January 2022 to (and including) 2 February 2022, shares were repurchased under the program by Kepler Cheuvreux on Xetra as follows:
Trading Date
Aggregated Volume (shares)
Weighted Average Price (?)1
11 January 2022
170,000
58.0209
12 January 2022
170,000
57.5068
13 January 2022
88,220
58.0380
14 January 2022
86,560
55.9548
17 January 2022
139,090
55.9759
18 January 2022
109,924
55.3236
19 January 2022
86,910
56.4078
20 January 2022
83,840
58.0076
21 January 2022
172,395
57.5827
24 January 2022
178,485
54.0006
25 January 2022
136,051
52.1375
26 January 2022
102,859
53.0780
27 January 2022
102,065
53.8474
28 January 2022
148,526
55.0987
31 January 2022
108,480
56.9978
1 February 2022
160,000
59.5564
2 February 2022
170,822
60.0274
1 Excluding costs incidental to the purchase.
Further details about the buy-back program and the above transactions are available on the share section of HelloFresh's investor relations website (https://ir.hellofreshgroup.com/websites/hellofresh/English/1600/share-buy-back.html).
Between 11 January 2022 and 2 February 2022, repurchases in a total amount of EUR 124,999,953.20 were made under this programme. Therefore, the first tranche of the share buy-back programme is closed.
Berlin, Germany, 2 February 2022
HelloFresh SE
02.02.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
HelloFresh SE
Prinzenstraße 89
10969 Berlin
Germany
E-mail:
ir@hellofresh.com
Internet:
www.hellofreshgroup.com
ISIN:
DE000A161408
WKN:
A16140
Indices:
DAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
Hellofresh SE is a Germany-based company that provides online food services. The Company offers pre-portioned ingredients that give subscribers the opportunity to prepare home-cooked meals each week using its recipes. The users have choice between different kinds of meals and recipes which are delivered on selected weekdays. The Company delivers its products to customers in different geographical regions. The business activities of the Company are divided into two operating segments: the USA segment, which comprises operations in the USA and International segment, which includes operations in Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland and the United Kingdom. The company operates under the HelloFresh brand.
Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: Final Report