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SIPEF Transaction in Own Shares 2011

Nov 10, 2011

4000_dirs_2011-11-10_48c21ee8-a279-414d-9903-664e14ac1daa.pdf

Transaction in Own Shares

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Regulated information

SIPEF REPORTS ON THE PROGRESS OF THE SHARE BUY-BACK PROGRAM

Further to the initiation of the share buy-back program announced on 22 September 2011, SIPEF reports the purchase of 12 170 shares on NYSE Euronext Brussels in the period 03 November – 09 November 2011.

Date Number of Total Average Highest Lowest
shares amount (EUR) price (EUR) price (EUR) price (EUR)
03‐11‐11 420 23 553.60 56.08 56.60 54.91
04‐11‐11 443 24 847.87 56.09 56.69 55.88
07‐11‐11 500 28 080.00 56.16 56.90 55.58
08‐11‐11 10 327 581 823.18 56.34 56.59 56.04
09‐11‐11 480 27 153.60 56.57 57.00 56.28
12 170 685 458.25 56.32 57.00 54.91

Since the start of the share buy-back program on 22 September 2011, SIPEF has bought back 40 791 shares for a total amount of 2 291 258.21 EUR. This corresponds to 0.4557% of the total shares outstanding.

The overview relating to the share buy-back program is available on: http://www.sipef.be/buyback.html

Schoten, 10 November 2011.

For more information, please contact:

  • * F. Van Hoydonck, managing director (mobile +32/478.92.92.82)
  • * J. Nelis, chief financial officer
Tel.: 0032/3.641.97.00 Fax : 0032/3.646.57.05
mail to : [email protected] website www.sipef.com (section "investor relations")

SIPEF is a Belgian agro-industrial company listed on NYSE Euronext Brussels. The company mainly holds majority stakes in tropical businesses, which it manages and operates. The group is geographically diversified, and produces a number of different commodities, principally palm oil. Its investments are largely ventures in developing countries.