Línea Directa Aseguradora S A : Termination of the Programme for the Repurchase of Treasury Shares
October 19, 2021 at 11:21 am EDT
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Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (the "Company"), pursuant to legislation regulating the securities market, announces the following
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Regarding the programme for the repurchase of treasury shares approved by the Board of Directors in May 12, 2021 (communicated the same day under registration number 9385) in accordance with Regulation (EU) 596/2014 with regard to market abuse and Commission Delegated Regulation (EU) 2016/1052, under the authorisation granted by the General Shareholders' Meeting (the "Programme"), the Company communicates that:
After the transactions communicated under registration numbers 10883 and 11185, the Company has bought the number of shares necessary for the purpose of the Programme in the terms authorised by the Board of Directors (announced by the prior communication registration number 9385), occurring therefore one of the reasons set for the termination of the Programme prior to the closing date initially provided within the Programme.
As a consequence of the implementation of the Programme, which terminates as of today at the closing of the market, the Company has acquired a total amount of 274,695 of own shares, which represents a 0.025% of the Company's share capital.
Madrid, October 19, 2021
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Linea Directa Aseguradora SA Compania de Seguros y Reaseguros published this content on 19 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2021 15:20:05 UTC.
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros is a Spain-based company specialized in the provision of insurance and reinsurance services in general insurance sectors. The Company operates mainly in the Motor, Home and Health insurances. The Company operates through several brands of insurance. The Company sells car, motorbike, company fleet and home insurance under the Linea Directa brand. Penelope Seguros is an insurance brand designed by women, and its cover includes handbag theft, roadside assistance for pregnant women and management of the vehicle's service schedule. Aprecio is a brand specialized in insurance for motorbikes, motorcycles and scooters. Vivaz Seguros is a health insurance brand.