Antwerp, Belgium, 24 March 2023 – 6.00pm CET – Regulated information
Azelis Share Buyback Program 2023 – Update
In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Azelis Group NV (the “Company” or “Azelis”) hereby reports on the buyback of Azelis shares under the Share Buyback Program 2023.
Under the Share Buyback Program 2023, Azelis has mandated an independent financial intermediary to buy back up to 150,000 ordinary shares, for a total maximum amount of EUR 3,500,000, starting on 20 March 2023, to cover future obligations under the Long-Term Incentive Plan of the Company.
In the framework of this Share Buyback Program 2023, the Company has purchased 30,000 shares in the period from 20 March 2023 up to and including 23 March 2023, as follows:
| Trade date | Total shares purchased | Average price | Minimum price paid | Maximum price paid | Buyback amount |
| March 20, 2023 | 11,000 | 23.50 € | 23.02 € | 23.90 € | 258,542.90 € |
| March 21, 2023 | 5,000 | 24.23 € | 23.56 € | 24.36 € | 121,168.50 € |
| March 22, 2023 | 9,000 | 23.94 € | 23.68 € | 24.18 € | 215,447.40 € |
| March 23, 2023 | 5,000 | 23.68 € | 23.58 € | 24.04 € | 118,390.00 € |
Since the start of the implementation of the Share Buyback Program 2023, Azelis has bought back 30,000 shares on Euronext Brussels for a total amount of EUR 713,548.80. This corresponds to 0.013 % of the total shares outstanding.
An overview of the Share Buyback Program 2023 is available on the investor relations pages of Azelis' website under the section “Shareholder Information/ Share buyback program”, and this press release is as well available under the section "Regulated Information".