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EVERGENT INVESTMENTS S.A. - EVER

The second stage of the buyback program begins

Release Date: 6/20/2022 1:53:52 PM

IRIS Code: 53A21

Report date: June 20, 2022

Information according to: Law 24/2017, FSA Regulation 5/2018

Issuer name: EVERGENT Investments S.A.

Headquarters: 94C Pictor Aman street, Bacau

Phone/fax/e-mail: 0234576740 / 0234570062 / office@evergent.ro

Sole registration number at the Trade Register Office: 2816642

EUID: ROONRC J/04/2400/1992

LEI: 254900Y1O0025N04US14

Share capital: 98,121,305.10  RON

Number of issued shares: 981,213,051

Face Value: 0.1 RON/share

Ownership structure: 100% private

Free float: 100%

ASF Register No.: PJR09FIAIR/040003

Regulated market on which the issued securities are traded: Bucharest Stock Exchange, Premium category

International identifiers:

Bucharest Stock Exchange: EVER

ISIN: ROSIFBACNOR0

Bloomberg FIGI: BBG000BMN556

Reuters RIC: ROEVER.BX

 

To:        BUCHAREST STOCK EXCHANGE

 

FINANCIAL SUPERVISORY AUTHORITY

Financial Instruments and Investments Sector

 

Important event:

The second stage of the share buyback program begins, in accordance with EVERGENT Investments Extraordinary General Meeting of Shareholders Resolution no. 4 of January 20, 2022.

 

EVERGENT Investments informs the shareholders and investors on the beginning of the second stage of the share buyback program, in accordance with the EGMS Resolution no. 4 of January 20, 2022 and the Board of Directors’ Decision no. 3 of June 20, 2022.

 

The characteristics of the Program are the following:

·        Period: June 20, 2022 – October 28, 2022;

·        Number of shares: maximum 8,000,000 shares;

·       Daily volume: maximum 25% of the average daily volume of shares traded on BSE, calculated on the basis of the average daily volume of the 20 trading days preceding the date on which the acquisition takes place, according to art. 3 paragraph (3) letter b) of the EU Delegated Regulation 2016/1052;

·        Price: the minimum purchase price will be the BSE market price from the moment of the acquisition, the maximum price - 2.2 lei/share, according to the EGMS Resolution no. 4 of January 20, 2022;

·        Purpose of the program: The company will buyback shares in order to reduce the share capital by canceling the shares;

·        Intermediary: BT CAPITAL PARTNERS.

 

The execution of the buyback program respects the derogatory conditions provided in the legislation regarding the market abuse that allow to carry out transactions during the closed periods of the issuer, according to article 5 paragraph (1) of the EU Regulation no. 596/2014 and article 4 paragraph (2) letter a) of the EU Delegated Regulation no. 1052/2016.

 

Claudiu Doros

President and CEO

 

Gabriel Lupascu

Compliance Officer

 



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