ForFarmers N.V.: ForFarmers initiates announced share buy-back programme
May 02 2018 - 12:59AM
Lochem, 2 May 2018
ForFarmers initiates announced
share buy-back programme
On 26 April 2018, the Annual
General Meeting of Shareholders authorised ForFarmers N.V.
('ForFarmers') to initiate a programme to repurchase its own shares
('share buy-back programme'). In accordance herewith, ForFarmers
today initiates its share buy-back programme in order to execute
employee participation plans in 2018 (for comparison purposes: the
2017 employee participation plan involved 358.465 shares).
On the first trading day of each week, ForFarmers
shall publish a press release stating the progress of the share
buy-back programme's execution. This announcement can be found on
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.
Note to the
editor / For additional information:
Caroline Vogelzang,
Director Investor Relations & Communications
T : 0031 573 288 194 M: 0031 6 10 94 91
61
E: caroline.vogelzang@forfarmers.eu
Company profile
ForFarmers N.V. ('ForFarmers', Lochem, the Netherlands)
is an internationally operating feed company that offers total feed
solutions for conventional and organic livestock farming.
ForFarmers gives its very best "For the Future of Farming": for the
continuity of farming and for a financially secure sector that will
continue to serve society for generations to come in a sustainable
way. By working side-by-side with farmers ForFarmers delivers real
benefits: better returns, healthier livestock and greater
efficiency. This is achieved by offering tailored and Total Feed
solutions and a targeted approach with specialist and expert
support.
With sales of approximately 9.6 million tons of
feed annually, ForFarmers is market leader in Europe. ForFarmers
has approximately 2,300 employees and production facilities in the
Netherlands, Belgium, Germany and the United Kingdom. In 2017,
revenues amounted to over €2.2 billion.
ForFarmers N.V., Postbus 91, 7240 AB Lochem, T:
+31 (0)573 28 88 00, F: +31 (0)573 28 88 99
info@forfarmers.eu, www.forfarmersgroup.eu/en/
FORWARD-LOOKING STATEMENTS
This 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.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ForFarmers N.V. via Globenewswire
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