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Basic-Fit N.V. — Transaction in Own Shares 2017
Jun 7, 2017
3818_iss_2017-06-07_bfdf29c6-c5a6-43d3-ae8d-ead74e913ffb.pdf
Transaction in Own Shares
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BASIC-FIT ANNOUNCES REPURCHASE OF SHARES
Buyback of 55,000 shares to neutralise dilutive effect of retention share programme
Hoofddorp, 7 June 2017 - Basic-Fit will repurchase 55,000 common shares to neutralise the dilutive effect of the retention share programme. The shares will be used for distribution to participants of the retention share programme. The total consideration of the programme, based on the closing price on Euronext Amsterdam on 6 June 2017, is €0.9 million.
Basic-Fit has commissioned an independent broker who will execute the transactions on its behalf. The transactions will commence on 6 June 2017 and are expected to be completed by the end of the month.
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About Basic-Fit
Basic-Fit is the largest fitness operator in Europe, with 440 clubs in five countries and over 1.3 million members. Basic-Fit operates a straightforward membership model and offers a highquality, value-for-money fitness experience that appeals to the fitness needs of all active people who care about their personal health and fitness. A typical subscription costs €19.99 and gives people access to all our clubs in Europe and a pass which can be shared with family members.
FOR MORE INFORMATION
Richard Piekaar +31 (0)23 302 23 85 [email protected]