Green Earth Group NV

Transaction in Own Shares • Jun 26, 2024

Press Release

DGB Group launches share buy-back programme

26 June 2024 | 08:30h CET

DGB Group N.V. ("DGB", "the Group", or "the Company") (Euronext: DGB: NL000916951), a leading carbon project developer and ecosystem restoration company, announces the initiation of a share buy-back programme, enhancing earnings per share and ultimately increasing shareholder value.

Key highlights

• Duration and scope: The buy-back is scheduled to start on Friday, 28 June 2024, and will continue until 27 December 2024, targeting up to 5.7 million ordinary shares (50% of DGB's issued share capital)—including both listed and unlisted shares.
• Pricing: Share purchases will be made at a price not exceeding 200% of the average market price on Euronext Amsterdam, calculated as the average highest price on each of the five trading days preceding the acquisition date.
• Authority and approval: This programme is authorised by the annual general meetings of shareholders which was held on 16 May 2024 and may be renewed or extended within the stipulated limits. All buy-back activities will adhere to market conditions and comply with relevant regulations, including the Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052.
• ● Notifications: Updates on the programme, including the commencement of share buy-backs, will be communicated through press releases in the Investors section of our corporate website.

"Our balance sheet allows us to start this share buy-back programme, seeing it as a smart move at today's company valuation. This action reflects our commitment to giving value back to our shareholders and shows our strong belief in DGB's future. We're investing in our company's success and making sure we continue to deliver real benefits to our shareholders", stated Duijvestijn, CEO of DGB.

Contact for press enquiries

For more information about DGB's initiatives, please contact:

DGB GROUP NV press@green.earth +31320788118

Visit our website: https://www.green.earth/