Hamburg, 27/8/2024 – The Management Board of Bijou Brigitte modische Accessoires AG decided today on a share buy-back programme with the approval of the Supervisory Board on the same day. In accordance with this, shares in Bijou Brigitte modische Accessoires AG (ISIN DE0005229504) will be purchased on the stock exchange between 28 August 2024 and 15 June 2025 at a total purchase price (excluding ancillary costs of purchase) of up to EUR 15,000,000.00.
The Management Board hereby makes use of the authorisation granted by shareholders of the company at the Annual General Meeting on 27 June 2024, according to which the Management Board may purchase own shares amounting to up to 10% of the existing share capital of Bijou Brigitte modische Accessoires AG until 26 June 2029 with the approval of the Supervisory Board.
The share buy-back is to be carried out in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No 596/2014 of 16 April 2014 (Market Abuse Regulation) in conjunction with the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016. These shares may however be used for all purposes set out in the authorisation resolution passed by the Annual General Meeting on 27 June 2024.
Further details about the share buy-back will be announced separately before it begins. All information about the share buy-back programme is also published at www.group.bijou-brigitte.com/investor-relations.