ForFarmers N.V.: Update on, and end of, share buy-back programme ForFarmers
May 28 2018 - 1:00AM
Lochem, 28 May 2018
ForFarmers: update on, and end
of, share buy-back programme
ForFarmers N.V. (hereinafter
'ForFarmers') has repurchased 56,993 shares in the period from 21
May 2018 through 25 May 2018.
The shares were repurchased for an average price
of €11.74 per share, for a total amount of €669,062. These
repurchases were made in accordance with the authorisation granted
by the ForFarmers N.V. Annual General Meeting of Shareholders on 26
April 2018 as part of the share buy-back programme, in order to
execute employee participation plans, as announced on 2 May
2018.
The total number of shares that has been
repurchased to date according to this programme is 186,502 shares,
for a total amount of €2,190,604. ForFarmers has herewith completed
the share buy-back programme.
More information about the purchase 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 weekly report regarding progress of share
buy-back programme (including the individual transactions).
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 tonnes 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/en/, 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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