Aramis Group - Implementation of a share buyback program intended to begin covering the performance share allocation plan
August 02 2024 - 10:45AM
UK Regulatory
Aramis Group - Implementation of a share buyback program intended
to begin covering the performance share allocation plan
PRESS RELEASE
Arcueil, August 2, 2024
Implementation of a share buyback
program intended to begin covering
the performance share allocation plan
Aramis Group announces today, in accordance with
the 11th and 16th resolutions of the General
Meeting of February 9, 2024, the implementation of a share buyback
program.
Aramis Group intends to allocate the repurchased
shares to cover the performance share allocation plans for the
Group's key managers and employees, as part of the value-sharing
strategy defined during its IPO in 2021.
As of today, Aramis Group employees already hold
0.86% of the capital1, thanks to various employee
shareholding plans launched by the Group since its inception.
A mandate has been entrusted to Kepler
Cheuvreux, an investment services provider, to purchase shares of
Aramis Group SA (FR0014003U94) starting from August 5, 2024, for a
period of 8 months, with a maximum volume of 700,000 shares,
corresponding to 0.84% of the capital.
The description of the share buyback program is
detailed in section 7.3.3 of the 2023 Universal Registration
Document of Aramis Group.
Information regarding transactions on Aramis
Group shares under the share buyback program will be published on
the Group's website www.aramis.group.
***
About Aramis Group –
www.aramis.group
Aramis Group is the European leader for B2C
online used car sales and operates in six countries. A growing
group, an e-commerce expert and a vehicle refurbishing pioneer,
Aramis Group acts each day for more sustainable mobility with an
offering that is part of the circular economy. Founded in 2001, it
has been revolutionizing its market for over 20 years, focused on
ensuring the satisfaction of its customers and capitalizing on
digital technology and employee engagement to create value for all
its stakeholders. With full-year revenues of €2 billion, Aramis
Group will sell more than 110,000 vehicles B2C this year and
welcomes more than 70 million visitors across all its digital
platforms each year. The Group employs more than 2,500 people and
has eight industrial-scale refurbishing centers throughout Europe.
Aramis Group is listed on Euronext Paris Compartment B (Ticker:
ARAMI – ISIN: FR0014003U94).
Investors contact
Alexandre Leroy
Head of Investor Relations,
Financing and Cash Management
alexandre.leroy@aramis.group
+33 (0)6 58 80 50 24
Press contacts
Brunswick
Hugues Boëton
Tristan Roquet Montegon
aramisgroup@brunswickgroup.com
+33 (0)6 79 99 27 15
1 Number of employees who are registered shareholders or
shareholders through the Aramis Group FCPE (Employee Investment
Fund)
- Press release - ARAMIS GROUP - Implementation of a share
buyback program
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