ForFarmers N.V.: Update share buy-back programme ForFarmers
22 May 2023 - 4:00PM
ForFarmers N.V.: Update share buy-back programme ForFarmers
Lochem, 22 May 2023
ForFarmers N.V. (ForFarmers) has repurchased 26,906
shares in the period from 15 May 2023 through 19 May
2023.
The shares were repurchased at an average price of €2.91 per
share, for a total amount of €78,406. These repurchases were made
in accordance with the authorisation granted by the ForFarmers
Annual General Meeting of Shareholders on 13 April 2023. The
authorisation concerns the buy-back of shares for ForFarmers to
fulfil its obligations arising from (depositary receipts for)
share-related incentive schemes and obligations from employee
participation plans 2022. It concerns a maximum of 625,000 shares,
for a maximum amount of € 3,125,000.
The total number of shares that has been repurchased to date
according to these programmes is 126,014 shares, for a total amount
of €363,521.
Please note that the next share buy-back programme update (for
shares purchased between 22-26 May 2023) will be released on 30 May
2023 as 29 May 2023 is a public holiday in the Netherlands.
More information about the share buy-back programme is available
on the ForFarmers website www.forfarmersgroup.eu/en.
This press release contains information that qualifies as inside
information in the sense of Article 7 paragraph 1 of the EU Market
Abuse Regulation.
Download the weekly report regarding progress of share
buy-back programme (including the individual transactions)
Note to the editor / For additional
information:
Caroline Vogelzang, Director Investor RelationsT: 0031 573 288
194 M: 0031 6 10 94 91 61E:
caroline.vogelzang@forfarmers.eu
About ForFarmers N.V. ForFarmers N.V. is an
international organisation that offers complete and innovative feed
solutions for livestock farming. With its “For the Future
of Farming” mission, ForFarmers is committed to the
continuity of farming and further sustainalising the agricultural
sector.
ForFarmers is the market leader in Europe with annual sales of
approximately 9 million tons of animal feed. The company is
operating in the Netherlands, Germany, Belgium, Poland and the
United Kingdom. ForFarmers has approximately 2,500 employees. In
2022, the turnover amounted to approximately € 3.3 billion.
ForFarmers N.V. is listed on Euronext Amsterdam.
ForFarmers N.V., P.O. Box 91, 7240 AB Lochem, T: +31 (0)573 28
88 00, F: +31 (0)573 28 88 99, info@forfarmers.eu,
www.forfarmersgroup.eu
FORWARD-LOOKING STATEMENTSThis press release
contains forward-looking statements, including those relating to
ForFarmers legal obligations in terms of capital and liquidity
positions in certain specified scenarios. In addition,
forward-looking statements, without limitation, may include such
phrases as “intends to”, "expects“, “takes into account”, "is aimed
at“, ''plans to”, "estimated" and words with a similar meaning.
These statements pertain to or may affect matters in the future,
such as ForFarmers future financial results, business plans and
current strategies. Forward-looking statements are subject to a
number of risks and uncertainties, which may mean that there could
be material differences between actual results and performance and
expected future results or performances that are implicitly or
explicitly included in the forward-looking statements. Factors that
may result in variations on the current expectations or may
contribute to the same include but are not limited to: developments
in legislation, technology, jurisprudence and regulations, share
price fluctuations, legal procedures, investigations by regulatory
bodies, the competitive landscape and general economic conditions.
These and other factors, risks and uncertainties that may affect
any forward-looking statements or the actual results of ForFarmers,
are discussed in the last published annual report. The
forward-looking statements in this press release are only
statements as of the date of this document and ForFarmers accepts
no obligation or responsibility with respect to any changes made to
the forward-looking statements contained in this document,
regardless of whether these pertain to new information, future
events or otherwise, unless ForFarmers is legally obliged to do
so.
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