ForFarmers is launching its share buy-back scheme (21-04-2015)

21 April 2015

ForFarmers BV has announced it will be launching its share buy-back scheme.
These repurchases will take place under the following conditions:

  • The maximum number of shares which can be repurchased amounts to 1,500,000 based on the current share capital of €1 nominal value per ordinary share, for a maximum of € 7.5 million.
  • The buy-back transactions will be executed according to the decision of the General Meeting held on 17th April 2015.
  • The buy-back scheme will start on 21st April 2015, the mandate of the General Meeting concerns a period of 18 months ultimately ending on 17 October 2016.
  • The buy-back scheme will be executed by a bank, which will purchase the shares on ForFarmers’ trading platform during open and closed periods and within the buy-back scheme’s preconditions.

The buy-back scheme is being launched for the benefit of employee participation plans.

ForFarmers will publish a press release every 7 working days to report on the scheme’s progress.