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Ackermans & van Haaren NV

Share Issue/Capital Change Dec 13, 2017

3903_dirs_2017-12-13_e04fd00a-7ee0-48ad-b00e-e68ca8e42947.pdf

Share Issue/Capital Change

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REDEMPTION OF SHARES

REDEMPTION OF SHARES

The extraordinary shareholders' meeting of Ackermans & van Haaren NV has on 26 November 2014 renewed the powers delegated to the board of directors to redeem shares for a period of 5 years.

In the framework of these powers, Ackermans & van Haaren has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH share.

In the framework of this liquidity programme, Kepler Cheuvreux has in the period from December 4, 2017 until December 12, 2017 acquired a total of 4,336 shares on Euronext Brussels on behalf of AvH. AvH shares are acquired and sold under this programme. Since January 1, 2017, this has resulted in a net redemption of 1,482 own shares.

In addition, Ackermans & van Haaren acquired 24,500 shares in this period in the context of the stock option plan. Ackermans & van Haaren currently owns 338,000 own shares, or 1.01% of the total shares outstanding, in the context of covering the obligations of the company under the stock option plan.

Date Number of
acquired shares
Price per share
(in euros)
Total amount
(in euros)
04/12/2017 195 146.69 28,604.55
04/12/2017 2,500 147.04 367,588.30
05/12/2017 1,400 147.46 206,444.00
05/12/2017 3,000 147.82 443,446.95
06/12/2017 1,100 146.24 160,864.00
06/12/2017 3,500 145.89 510,598.65
07/12/2017 341 145.74 49,697.34
07/12/2017 3,000 145.91 437,716.20
08/12/2017 3,000 147.36 442,089.35
11/12/2017 500 147.68 73,840.00
11/12/2017 3,000 148.02 444,059.50
12/12/2017 800 147.10 117,680.00
12/12/2017 5,000 147.45 737,250.00
12/12/2017 1,500 146.99 220,484.65

Ackermans & van Haaren is a diversified group active in 4 core sectors: Marine Engineering & Contracting (DEME, one of the largest dredging companies in the world - CFE and A.A. Van Laere, two construction groups with headquarters in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn & Co in the UK - Bank J.Van Breda & C°, niche bank for entrepreneurs and liberal professions in Belgium), Real Estate & Senior Care (Leasinvest Real Estate, a public regulated real estate company - Extensa, an important land and real estate developer focused on Belgium and Luxembourg) and Energy & Resources (SIPEF, an agro-industrial group in tropical agriculture). In 2016, through its share in its participations, the AvH group represented a turnover of 4.9 billion euros and employed 21,165 people. The group concentrates on a limited number of strategic participations with significant potential for growth. AvH is quoted on the BEL20 index, the Private Equity NXT index of Euronext Brussels and the European DJ Stoxx 600.

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 28, 2018 Annual results 2017
May 25, 2018 Interim statement Q1
2018
August 31, 2018 Half-year results 2018

Contact

For further information please contact: Jan Suykens, CEO - Chairman executive committee, Tel. +32.3.897.92.36 Tom Bamelis, CFO - Member executive committee, Tel. +32.3.897.92.42

e-mail: [email protected]

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