Cenergy Holdings reports on the progress of its Share Buyback Program

Source: www.gulfoilandgas.com 9/17/2024, Location: Europe

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 September 9, 2024 up to and including September 13, 2024, the Company purchased 8,168 Cenergy Holdings’ shares on Euronext Brussels and the Athens Stock Exchange. The shares were repurchased at an average price of €9.4825 per share for a total consideration of €77,453.43.

885 shares were repurchased through Euronext Brussels:

7,283 shares were repurchased through the Athens Stock Exchange:

Cenergy Holdings currently holds 42,332 own shares. This corresponds to 0.0223% 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.


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