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Ackermans & van Haaren NV

Transaction in Own Shares Dec 16, 2020

3903_dirs_2020-12-16_37fb190d-91f7-4d2a-b973-eeaca59deec9.pdf

Transaction in Own Shares

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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 December 5, 2020 and December 16, 2020.

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, 2020, this has resulted in a net acquisition of 3,639 own shares. Kepler Cheuvreux has in the period from December 5, 2020 until December 16, 2020 acquired a total of 3,400 shares and sold 923 shares on Euronext Brussels.

In addition, Ackermans & van Haaren has directly acquired 42,750 shares since January 1, 2020 on Euronext Brussels in the framework of the stock option plan. No additional shares were acquired in the period between December 5, 2020 and December 16, 2020. As a result of the exercise of options under the share option plan, AvH has disposed of 6,000 shares by delivering such shares to the beneficiary concerned (offexchange).

Ackermans & van Haaren currently owns 344,750 own shares, or 1.03% of the total shares outstanding, to cover the company's obligations pursuant to the stock option plan.

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)
07/12/2020 500 123.94 123.40 124.30 61,970.00
08/12/2020 200 123.25 123.10 123.40 24,650.00
09/12/2020 500 122.20 121.60 122.80 61,100.00
10/12/2020 900 120.40 119.20 121.60 108,360.00
11/12/2020 1,100 119.15 117.70 120.30 131,065.00
15/12/2020 200 118.70 118.60 118.80 23,740.00

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)
07/12/2020 123 124.67 124.60 125.00 15,334.41
10/12/2020 100 122.20 122.20 122.20 12,220.00
11/12/2020 100 121.00 121.00 121.00 12,100.00
14/12/2020 500 120.04 119.90 120.40 60,020.00
15/12/2020 100 119.80 119.80 119.80 11,980.00

Disposal of own shares (off-exchange in the framework of the stock option plan)

Date Time Number of shares Price
(in euros)
Total amount
(in euros)
08/12/2020 14:12 4,000 61.71 246,840.00
11/12/2020 15:41 2,000 61.71 123,420.00

3 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 J. Van Breda & C°, niche bank for entrepreneurs and the liberal professions in Belgium), Real Estate & Senior Care (Leasinvest Real Estate, a listed real estate company - Extensa, a major land and real estate developer with a focus on Belgium and Luxembourg) and Energy & Resources (SIPEF, an agroindustrial group in tropical agriculture).

At an economic level, the AvH group represented in 2019 a turnover of 5.6 billion euros and employed 21,522 people through its share in the participations. The group focuses on a limited number of strategic participations with a significant potential for growth. AvH is listed on Euronext Brussels and is included in the BEL20 index and the European DJ Stoxx 600 index.

Website

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.

Financial calendar

February 26, 2021 Annual results 2020
May 20, 2021 Interim statement Q1 2021
August 31, 2021 Half-year results 2021

Contact

For further information please contact: e-mail: [email protected]

Jan Suykens CEO - Chairman executive committee Tel. +32.3.897.92.36

Tom Bamelis CFO – Member executive committee Tel. +32.3.897.92.42

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

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