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Azelis reports on progress of LTIP implementation program
Further to the launch of the Long-term Incentive Plan (LTIP) announced on 16 March 2022, the Group reports the purchase of 27,500 ordinary shares of Azelis in the period from 18 March 2022 until 24 March 2022.
Since the start of the implementation of the buy-back program on 17 March 2022, Azelis has bought back 27,500 shares for a total amount of EUR 579,136. This corresponds to 0.012 % of the total shares outstanding. The purpose of this program is to cover future obligations for share awards under Azelis' LTIP.
An overview of the share buy-back program is available on the investor relations pages of Azelis' website under the section "Regulated Information".
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