on Cryptology Asset Group PLC (isin : MT0001770107)
Samara Asset Group Approves Further Share Buy-Back
On July 17, 2024, the Board of Directors of Samara Asset Group p.l.c. approved a new share buy-back program. The company, listed under the ISIN MT0001770107 and ticker SRAG:GR, aims to purchase up to 2 million treasury shares between July 18, 2024, and September 17, 2024. The maximum purchase price for this buy-back program is set at EUR 30 million, and the buy-back will be conducted via the stock exchange.
An investment firm or credit institution will independently manage the repurchase process, adhering to safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014. The company plans to use these repurchased shares as funds for future acquisitions.
Samara Asset Group will disclose all share repurchase transactions weekly on its website. This buy-back program follows the authorization given by the Extraordinary Shareholders' Meeting on March 17, 2023.
R. P.
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