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The third stage of the buyback program of own shares

31 March 2021
The third stage of the buyback program of own shares

EVERGENT Investments  starts the third phase of the buyback program, in compliance with EGMS Resolution no. 4 of April 27, 2020.

 

The characteristics approved by the Board of Directors on March 26, 2021 are the following:

·       Period: March 29, 2021 – May 7, 2021; 

·       Number of shares: maximum 2,600,000 shares;

·       Daily volume: maximum 25% of the average daily volume traded during February 2021, which is the month preceding the month in which the initial disclosure of the third stage of the program was made, according to art. 3 paragraph (3) letter a) 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 - 1.6 lei / share, according to the EGMS resolution no. 4 of April 27, 2020;

·       Purpose of the program: distribution of shares to employees, managers and directors of the company, within some “stock option plan” programs.

·       Intermediary: BT CAPITAL PARTNERS.

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