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Ackermans & van Haaren NV

Transaction in Own Shares Mar 1, 2023

3903_dirs_2023-03-01_164d542a-2656-435a-b27c-ef5b34fc0e65.pdf

Transaction in Own Shares

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Acquisition and disposal of own shares

The extraordinary shareholders' meeting of Ackermans & van Haaren NV has on November 9, 2020 renewed the powers delegated to the board of directors to acquire own shares for a period of 5 years (until November 25, 2025).

This press release includes information on the acquisitions and disposals made between February 20, 2023 and March 1, 2023.

Ackermans & van Haaren NV has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH share. In the framework of this liquidity programme, AvH shares are acquired and sold on Euronext Brussels on behalf of Ackermans & van Haaren. Since January 1, 2023, this has resulted in a net acquisition of -337 own shares. Kepler Cheuvreux has in the period from February 20, 2023 until March 1, 2023 acquired a total of 1,700 shares and sold 951 shares on Euronext Brussels.

In addition, Ackermans & van Haaren hasn't directly acquired any shares since January 1, 2023 on Euronext Brussels in the framework of the stock option plan.

Ackermans & van Haaren has also acquired shares since October 5, 2022 in the framework of the share buyback programme, which was approved by the board of directors on October 4, 2022 for a total amount of 70.0 million euros. No additional shares were acquired on Euronext Brussels in the period between February 20, 2023 and March 1, 2023. Since the start of the programme on October 5, 2022, 70,633 shares have been acquired for a total amount of 9,642,943 euros.

Ackermans & van Haaren currently owns 386,902 own shares, or 1.16% of the total shares outstanding.

Acquisition of own shares (on Euronext Brussels in the framework of the liquidity programme)

Date Number of shares Average price
(in euros)
Lowest price
(in euros)
Highest price
(in euros)
Total amount
(in euros)
20/02/2023 173 162,82 162,50 163,00 28.167,86
21/02/2023 227 162,43 162,00 163,00 36.871,61
22/02/2023 700 159,57 157,80 161,60 111.699,00
23/02/2023 200 157,18 156,80 157,50 31.436,00
24/02/2023 200 157,63 157,30 157,90 31.526,00
28/02/2023 200 158,50 158,00 159,00 31.700,00

Disposal of own shares (on Euronext Brussels in the framework of the liquidity programme)

Date Number of shares Average price
(in euros)
Lowest price
(in euros)
Highest price
(in euros)
Total amount
(in euros)
20/02/2023 51 163,00 163,00 163,00 8.313,00
22/02/2023 150 157,50 157,50 157,50 23.625,00
24/02/2023 250 158,26 158,00 158,50 39.565,00
27/02/2023 300 159,00 158,30 159,80 47.700,00
28/02/2023 200 160,75 160,00 161,50 32.150,00

Ackermans & van Haaren

Ackermans & van Haaren positions itself as the long-term partner of choice of family businesses and management teams to help build high-performing market leaders and contribute to a more sustainable world.

Ackermans & van Haaren is a diversified group operating in 4 core sectors: Marine Engineering & Contracting (DEME, one of the largest dredging companies in the world - CFE, a construction group with headquarters in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK - Bank Van Breda, niche bank for entrepreneurs and the liberal professions in Belgium), Real Estate (Nextensa, a listed integrated real estate group) and Energy & Resources (SIPEF, an agroindustrial group in tropical agriculture). In its Growth Capital segment, AvH also provides growth capital to sustainable companies in different sectors.

At an economic level, the AvH group represented in 2022 a turnover of 5.7 billion euros and employed 21,453 people through its share in the participations. AvH is listed on Euronext Brussels and is included in the BEL20 index, the BEL ESG index and the European DJ Stoxx 600 index.

Website Contact

All press releases issued by AvH and its most important group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be. Anyone who is interested to receive the press releases via email has to register to this website.

For further information please contact:

John-Eric Bertrand co-CEO - co-Chairman executive committee - Tel. +32.3.897.92.08

Piet Dejonghe co-CEO - co-Chairman executive committee - Tel. +32.3.897.92.36

Tom Bamelis CFO - Member executive committee - Tel. +32.3.897.92.35

e-mail: [email protected]

Financial calendar

  • May 17, 2023.............................Interim statement Q1 2023
  • May 22, 2023.............................Ordinary general meeting
  • August 31, 2023..................... . Half-year results 2023
  • November 23, 2023...................Interim statement Q3 2023

Ackermans & van Haaren NV - Begijnenvest 113 - 2000 Antwerp - Tel. +32 3 231 87 70 - [email protected] - www.avh.be

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