Brief: Ad Pepper Media Adopts Share Buy-Back Resolution

Ad Pepper Media International NV

19/10/2020 07:54

Oct 19 (Reuters) - AD PEPPER MEDIA INTERNATIONAL NV
 APME.DE :
    * ADOPTS SHARE BUY-BACK RESOLUTION
    * TO REPURCHASE SHARES IN COMPANY'S CAPITAL UP TO A MAXIMUM
AMOUNT
OF 50 PERCENT OF COMPANY'S ISSUED SHARE CAPITAL
    * INTENDS, TO ACQUIRE UP TO A MAXIMUM OF 500,000 OF ITS OWN
SHARES
IN PERIOD FROM 19 OCTOBER 2020 TO 19 NOVEMBER 2021 FOR A TOTAL
MAXIMUM AMOUNT (EXCLUDING INCIDENTAL ACQUISITION COSTS) OF UP TO
EUR 2,250,000
    * REPURCHASED SHARES WILL BE USED EXCLUSIVELY TO MEET CO'S
OBLIGATIONS UNDER CO'S STOCK OPTION PLANS BY WAY OF TRANSFER OF
SHARES TO OPTION HOLDERS FOR EXERCISE OF THEIR OPTION RIGHTS
AND/OR REDUCE CAPITAL OF CO

Source text for Eikon:  ID:nEQ4fH1Hva 
Further company coverage:  APME.DE 

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