Transaction in Own Shares • Mar 23, 2018
Transaction in Own Shares
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23.03.2018 - 08h30
In order to meet the future obligations of the stock option plan of 2010 and renewed in 2015 for members of the Management Committee, the Board of Directors of Van de Velde NV proceeded with the purchase of shares on the market of Euronext Brussels. The following treasury shares have been acquired:
The authorization to acquire own shares was granted to the Board of Directors on April 26, 2017 during the extraordinary meeting of shareholders.
At present 4.798 own shares are held by Van de Velde NV. This represents 0,04 per cent of the total number of shares of Van de Velde NV.
Van de Velde NV is a leading player in the luxury and fashionable women's lingerie sector. Van de Velde is convinced of the merits of a long-term strategy based on developing and expanding brands around the Lingerie Styling concept (fit, style and fashion), especially in Europe and North America.
For more information, contact:
Van de Velde NV – Lageweg 4 – 9260 Schellebelle 09 365 21 00 www.vandevelde.eu
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