AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Roularta Media Group N.V.

Transaction in Own Shares Oct 1, 2024

3997_dirs_2024-10-01_545c4ce4-fa8c-4e40-acf1-ae46e4a3b379.pdf

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

PRESS RELEASE REGULATED INFORMATION REPURCHASE OF OWN SHARES 1 October 2024, 5.45 PM

Roularta Media Group acquires Shopinvest NV's shares

In accordance with article 8:4 of the Royal Decree of 29 April 2019 implementing the Code on Companies and Associations, Roularta Media Group announces the following information:

On Friday 27 September 2024 Roularta Media Group (RMG) reached an agreement on the acquisition of the Belgian family holding company Shopinvest NV's shares in RMG by means of an over-the-counter transaction.

Shopinvest has been a loyal shareholder in Roularta Media Group NV for many years, with a 1.9 % shareholding.

Based on the agreement reached, RMG acquires a package of 265,237 shares in Roularta from Shopinvest NV, at the price of € 9.1125 per share. This price per share is lower than the highest independent bid, as recorded in the central order book at Euronext Brussels on Friday 27 September 2024.

Following this transaction, RMG holds 1,611,984 of its own shares in its portfolio, representing 11.57% of the capital.

RMG does not have the intention to retain these shares in its own business. At the appropriate time, this package of shares will be reduced to increase the free float and liquidity of the shares.

About Roularta Media Group

Roularta Media Group (RMG) is a Belgian listed multimedia group with over 1.200 coworkers and a total turnover of 323 million euros. In Belgium, RMG is market leader in magazine brands in Dutch and French as well as market leader in local media with, among others, De Zondag. In the Netherlands, RMG has the second-largest portfolio of magazine brands. In Germany, RMG is market leader in media for the fifty-plus audience. RMG has a hypermodern offset printing factory, Roularta Printing, producing high-quality newspapers, magazines and catalogs for the Belgian and international markets. RMG offers powerful digital tools, such as the app 'Mijn Magazines', with a digital kiosk, a 24/24 website with content from all editorial teams and subscriptions available for the whole family. RMG has implemented a trendsetting sustainability program called Roularta Cares.

In eighth place, and as one of the companies making the most significant progress, Roularta Media Group has joined the top ten most attractive employers in Belgium according to Randstad's most recent Employer Brand Research (2024).

Talk to a Data Expert

Have a question? We'll get back to you promptly.