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Smartphoto Group N.V.
Transaction in Own Shares • Apr 11, 2022
4001_dirs_2022-04-11_dc19fb5c-3bba-49eb-a7e9-472ae493a176.pdf
Transaction in Own Shares
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PRESS RELEASE – Regulated information
Wetteren, April 11, 2022 – 5.45 p.m.
smartphoto group - Euronext Brussels: SMAR
smartphoto group
Update regarding the purchase of treasury shares dated April 11, 2022
Smartphoto group, the innovative e-commerce group from Wetteren, announces that, as part of the share repurchase programme started on September 17, 2020, and announced on September 16, 2020, the transactions listed below were carried out in the period from April 4, 2022 to April 8, 2022.
In this period, smartphoto group purchased a total of 1,676 shares via the Euronext trading platform.
These transactions were carried out on the regulated market NYSE Euronext Brussels, in accordance with the discretionary mandate given to KBC Securities by the Board of Directors.
| Transaction date | Trading market | Number of shares | Average price (in euro) |
Lowest price (in euro) |
Highest price (in euro) |
Total (in euro) |
|---|---|---|---|---|---|---|
| 5/4/2022 | Euronext Brussels | 100 | 29.20 | 29.20 | 29.20 | 2.920.00 |
| 6/4/2022 | Euronext Brussels | 1.175 | 29.54 | 29.20 | 29.60 | 34.710.01 |
| 7/4/2022 | Euronext Brussels | 188 | 29.20 | 29.20 | 29.20 | 5.489.60 |
| 8/4/2022 | Euronext Brussels | 213 | 29.20 | 29.20 | 29.20 | 6.219.60 |
| Total | Euronext Brussels | 1.676 | 29.44 | 49,339.21 |
After the above-mentioned transactions, smartphoto group has purchased 85,229 shares through this share repurchase programme with September 17, 2020 as starting date. After the transfer of 16,426 treasury shares relating to the takeover of Nayan (Frucon² NV), smartphoto group holds a total of 220,355 treasury shares, or 5.59% of the total number of issued shares (3,941,950).
Under the current share repurchase programme, treasury shares can still be repurchased up to and including May 31, 2023, or until the target value of 3,000,000 euro in shares has been acquired; i.e. a remaining value of 874,736.54 euro.
The overview of all transactions concerning the purchase of treasury shares since September 17, 2020, the start of the current repurchase programme, is displayed on our website www.smartphotogroup.com under the heading: "Investors/Information for shareholders/Purchase treasury shares".
About smartphoto group
Smartphoto group, the innovative e-commerce group, is active under the name smartphoto TM in 12 European countries in B2C e-commerce with affordable, high-quality personalised products such as gifts, cards, photo books, photo calendars, prints and wall decoration.
Additionally, smartphoto group, through Nayan, is one of the market leaders in e-commerce distribution in Europe by offering a unique 'e-commerce as a service' (EAAS) for international brands looking for growth, and the sale to companies of personalised gift packages with chocolate, alcohol, fruit or flowers through websites such as Gift.be and GiftsforEurope.com.
The shares of smartphoto group are traded on Euronext Brussels (ISIN BE0974323553, ticker symbol SMAR).
For additional information
Stef De corte*, CEO
smartphoto group NV Kwatrechtsteenweg 160 B- 9230 Wetteren Tel. +32.9.365.99.10 E-mail: [email protected] - Internet: www.smartphotogroup.com
* Fixed representative of Acortis BV
This press release is a free translation of the official Dutch version.
