11.09.2020 - 18h00

Regulated information

Acquisition of treasury shares

Within the framework of the program for acquisition of treasury shares as mentioned in the press release of 31 August 2020, the Board of Directors of Van de Velde NV proceeded with the purchase of shares on the market of Euronext Brussels. The following treasury shares have been acquired:

  • 04/09/2020: 450 shares. Average price = 20,60 €/share. Maximum price = 20,60 €/share. Minimum price = 20,60 €/share.
  • 07/09/2020: 521 shares. Average price = 20,55 €/share. Maximum price = 20,60 €/share. Minimum price = 20,50 €/share.
  • 08/09/2020: 762 shares. Average price = 20,60 €/share. Maximum price = 20,60 €/share. Minimum price = 20,55 €/share.
  • 09/09/2020: 1.000 shares. Average price = 21,05 €/share. Maximum price = 21,10 €/share. Minimum price = 21,00 €/share.

The authorization to acquire own shares was granted to the Board of Directors on December 11, 2019 during the extraordinary meeting of shareholders.

On 10 September 2020, 30.911 own shares are held by Van de Velde NV, including the 11.000 shares that were already purchased in the context of a stock option plan. This represents 0,23 per cent of the total number of shares of Van de Velde NV.

Van de Velde is the powerhouse of world class brands PrimaDonna, Marie Jo and Andres Sarda. Our mission is to deliver the ultimate personalized consumer experience. As a leading player in the luxury and fashionable women's lingerie, swimwear and sportswear sector, Van de Velde bases its long-term strategy on developing and expanding brands upon Lingerie Styling. This proprietary concept combines fit, style and fashion. Our key markets are in Europe and North America and we work closely together with 5,000 on- & offline specialty lingerie stores worldwide. We run our own premium retail chains, under the names Rigby & Peller, Lincherie and Private Shop, in which we exemplify the principles of Lingerie Styling. Van de Velde is listed on Euronext Brussels.

CONTACTS

For more information, contact:

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - +32 (0)9 365 21 00 - www.vandevelde.eu

Marleen Vaesen

Karel Verlinde

Chief Executive Officer

Financial Director

as permanent representative of

as permanent representative of

Mavac BV

Karel Verlinde CommV

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. +32 9 365 21 00 - F. +32 9 365 21 70 - www.vandevelde.eu - info@vandevelde.eu

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Van de Velde NV published this content on 11 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 September 2020 16:04:02 UTC