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Eleving Group S.A. — Acquisition or disposal of the issuer's own shares
Eleving Group S.A. — Acquisition or disposal of the issuer's own shares
About this update from Eleving Group
Eleving Group S.A./ Key word(s): Share BuybackEleving Group S.A. — Acquisition or disposal of the issuer's own shares30.06.2026 / 12:35 CET/CESTThe issuer is solely responsible for the content of this announcement.Eleving Group S.A. approves Share Buy-Back Programme On 29 June 2026, the Management Board of Eleving Group (the "Company", ISIN: LU2818110020, ticker: ELEVR), implementing the authority granted by the Annual General Meeting of shareholders held on 27 May 2026, resolved to adopt a share buy-back programme (the "Programme") for the Company's ordinary shares. Programme ParametersSecuritiesOrdinary shares (ISIN: LU2818110020, ticker: ELEVR)Trading venuesNasdaq Riga regulated market (Baltic Main List); Frankfurt Stock Exchange regulated market (Prime Standard)Maximum number of shares5,855,440 shares (~5% of issued share capital)Maximum aggregate considerationEUR 5,000,000 (excluding acquisition costs and commissions)Maximum purchase priceThe higher of: (i) the price of the last independent trade; or (ii) the highest current independent bid on Nasdaq Riga at the time of purchase, as required by Article 3(2) of Commission Delegated Regulation (EU) 2016/1052Daily volume limitUp to 25% of average daily trading volume on each venue, calculated over the 20 trading days preceding each transactionProgramme start date1 July 2026Programme end date30 June 2028PurposeCancellation of shares (capital reduction); and/or coverage of employee share option and equity incentive plansTrading Methods Acquisitions under the Programme will be carried out on-exchange on Nasdaq Riga and the Frankfurt Stock Exchange. The Company may also conduct off-market (OTC) block transactions on a case-by-case basis, subject to compliance with the general market abuse rules under MAR; OTC acquisitions will not be conducted during any closed period or any period in which undisclosed inside information is held. The Company may appoint an independent investment services provider (the "Independent Broker") to execute on-exchange acquisitions on its behalf in accordance with Article 4(2)(b) of Commission Delegated Regulation (EU) 2016/1052, enabling acquisitions to continue during closed periods under MAR Article 19(11), subject to the conditions of that provision being met. The Company will not use derivative financial instruments in connection with the Programme.Regulatory Compliance The P...