Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: 1st Interim Report
January 17, 2022 at 02:24 pm EST
Share
DGAP-News: HelloFresh SE
/ Key word(s): Share Buyback
Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: 1st Interim Report
17.01.2022 / 20:22
The issuer is solely responsible for the content of this announcement.
Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: 1st Interim Report
The management board of HelloFresh SE (ISIN: DE000A161408) (the "Company"), with the consent of the Company's supervisory board, resolved on 10 January 2022 to introduce a share buy-back program with a total volume of up to EUR 250 million, which shall consist of two tranches. Under the first tranche, the Company may acquire shares for up to EUR 125 million in the period from 11 January 2022 to (and including) 31 March 2022. The Company announced the terms of this program on the same date in accordance with Article 5(1)(a) of Regulation (EU) No 596/2014 and Article 2(1) of Commission Delegated Regulation (EU) 2016/1052.
In the period from 11 January 2022 to (and including) 14 January 2022, shares were repurchased under the program by Kepler Cheuvreux on Xetra as follows:
Trading Date
Aggregated Volume (shares)
Volume-Weighted Average Purchase Price (EUR)1
11 January 2022
170,000
58.0209
12 January 2022
170,000
57.5068
13 January 2022
88,220
58.0380
14 January 2022
86,560
55.9548
1 Excluding costs incidental to the purchase.
Further details about the buy-back program and the above transactions are available on the share section of the Company's investor relations website (https://ir.hellofreshgroup.com/websites/hellofresh/English/1600/share-buy-back.html).
Berlin, Germany, 17 January 2022
HelloFresh SE
17.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
HelloFresh SE
Prinzenstraße 89
10969 Berlin
Germany
E-mail:
ir@hellofresh.com
Internet:
www.hellofreshgroup.com
ISIN:
DE000A161408
WKN:
A16140
Indices:
DAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
Hellofresh SE is a Germany-based company that provides online food services. The Company offers pre-portioned ingredients that give subscribers the opportunity to prepare home-cooked meals each week using its recipes. The users have choice between different kinds of meals and recipes which are delivered on selected weekdays. The Company delivers its products to customers in different geographical regions. The business activities of the Company are divided into two operating segments: the USA segment, which comprises operations in the USA and International segment, which includes operations in Australia, Austria, Belgium, Canada, Germany, the Netherlands, Switzerland and the United Kingdom. The company operates under the HelloFresh brand.
Disclosure of share buy-backs in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052: 1st Interim Report