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D'Ieteren Group
Transaction in Own Shares • Feb 22, 2023
3937_dirs_2023-02-22_ea73070d-88f7-4660-807c-17bf9e65ff44.pdf
Transaction in Own Shares
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PRESS RELEASE: REPURCHASE AND DISPOSAL OF OWN SHARES
REGULATED INFORMATION
Wednesday 22 February 2023 – 5:45pm CET
Repurchase and disposal of own shares
In accordance with articles 8:4 and 8:6 of the Royal Decree of 29 April 2019 implementing the Code on Companies and Associations, D'Ieteren Group announces today the purchase and disposal of treasury shares on the regulated market of Euronext Brussels and / or an MTF between 15 and 21 February 2023.
The extraordinary shareholders' meeting of D'Ieteren Group renewed on 31 May 2018 the powers of the board of directors to acquire and dispose of own shares for a period of 5 years.
The total number of own shares held by D'Ieteren Group reached 1,299,878 on 21 February 2023. The total number of ordinary shares equals 54,367,928.
Detailed operations per day
Stock options
During the period, between 15 and 21 February 2023, D'Ieteren Group has purchased 31,500 treasury shares on the regulated market of Euronext Brussels at an average price of €185.86 per share. This purchase has been carried out to hedge option schemes granted to officers and managers by virtue of the power endowed to the Board of Directors by the General Meeting of Shareholders on 31 May 2018.
| Date | Number of shares bought |
Average price (€) |
Minimum price (€) |
Maximum price (€) |
Total price (€) |
|---|---|---|---|---|---|
| 15 February 2023 | 5,000 | 187.00 | 182.50 | 188.00 | 934,998 |
| 16 February 2023 | 7,000 | 187.01 | 185.30 | 188.70 | 1,309,047 |
| 17 February 2023 | 6,900 | 186.95 | 184.10 | 188.00 | 1,289,981 |
| 20 February 2023 | 6,000 | 186.20 | 184.90 | 190.00 | 1,117,217 |
| 21 February 2023 | 6,600 | 182.32 | 181.00 | 185.30 | 1,203,307 |
| Total | 31,500 | 185.86 | 5,845,549 |
End of press release
PRESS RELEASE: REPURCHASE AND DISPOSAL OF OWN SHARES
REGULATED INFORMATION
Wednesday 22 February 2023 – 5:45pm CET
D'Ieteren Group profile
In existence since 1805, and across family generations, D'Ieteren Group seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry and geographies. The Group currently owns the following businesses:
- Belron (50.01%) has a clear purpose: "making a difference by solving people's problems with real care". It is the worldwide leader in vehicle glass repair and replacement and operates in 37 countries, through wholly owned businesses and franchises, with market leading brands – including Carglass®, Safelite® and Autoglass®. In addition, Belron manages vehicle glass and other insurance claims on behalf of insurance customers. Sales and adjusted operating result reached respectively €4,647m and €815m in FY-21.
- D'Ieteren Automotive (100%) distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac and Porsche vehicles in Belgium. It has a market share of more than 23% and 1.2 million vehicles on the road. Its business model is evolving towards "improving the lives of citizens with fluid, accessible and sustainable mobility". Sales and adjusted operating result reached respectively €3,239m and €103m in FY-21.
- PHE (c.91%) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain. Its mission aims at "promoting affordable and sustainable mobility". It generated sales of €2.0bn and EBITDA of €246m in FY-21.
- TVH Parts (40%), is a leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment. It operates in 26 countries worldwide. It has a unique operating model and has a clear purpose of "keeping customers going and growing".
- Moleskine (100%) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform. Its purpose is to "unleash the human genius through hands on paper to empower creativity and knowledge in each individual and the entire world". Sales and adjusted operating result reached respectively €122m and €12m in FY-21.
- D'Ieteren Immo (100%) groups together the Belgian real estate interests of D'Ieteren Group. It owns and manages 37 sites which generated €21.7m net rental income in FY-21. It also pursues investment projects and carries out studies into possible site renovations.
Financial Calendar
| Last five press releases | (with the exception of press releases related to the repurchase or sale of own shares) | Next events | ||
|---|---|---|---|---|
| 13 February 2023 | PHE has closed the acquisition of Mondial Pare-Brise |
8 March 2023 | 2022 Full-Year Results | |
| 16 November 2022 | Carlos Brito to succeed Gary Lubner as CEO of Belron |
25 May 2023 | General Assembly | |
| 24 October 2022 | PHE has entered into exclusive negotiations for the disposal of Mondial Pare-Brise |
7 September 2023 | 2023 Half-Year Results | |
| 20 September 2022 | Moody's and S&P upgrade PHE's credit ratings |
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| 5 September 2022 | 2022 Half-Year Results |
Contacts
Francis Deprez, Chief Executive Officer Arnaud Laviolette, Chief Financial Officer
Stéphanie Voisin, Investor Relations - Tel: + 32 (0)2 536.54.39 E-mail: [email protected] – Website: www.dieterengroup.com