Cenergy Holdings SA (Euronext Brussels, Athens Stock Exchange: CENER), hereafter “Cenergy Holdings” or “the Company” hereby discloses certain information in relation to its share buyback program announced on July 24, 2024, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The share buyback program is implemented in accordance with industry best practices and in compliance with the applicable buyback rules and regulations. Two independent financial intermediaries are appointed to repurchase the Company’s shares on the basis of a discretionary mandate.
Cenergy Holdings announces that in the period from August 5, 2024 up to and including August 9, 2024, the Company purchased 5,935 Cenergy Holdings’ shares on Euronext Brussels and the Athens Stock Exchange. The shares were repurchased at an average price of €9.3871 per share for a total consideration of €55,712.31.
Cenergy Holdings currently holds 10,760 own shares. This corresponds to 0.0057% of the total shares outstanding.
The repurchased shares under this program will be used to allow for granting remuneration in shares in accordance with the Company’s approved remuneration policy.