|
EQS-Ad-hoc: Samara Asset Group p.l.c. / Key word(s): Share Buyback/Corporate Action Public Disclosure under MAR Article 17
Samara Asset Group p.l.c. approves further buy-back of shares Sliema/Malta, 17 July 2024. The Board of Directors of Samara Asset Group p.l.c. (ISIN: MT0001770107; Ticker: SRAG:GR) ("Company") decided today to implement a new share buy-back programme by using the authorization to acquire treasury shares pursuant to Clause 41 of the Articles of Association granted by the Extraordinary Shareholders' Meeting as of 17 March 2023 and to acquire up to maximum 2 million treasury shares in the period from 18 July 2024 to 17 September 2024 for a maximum purchase price of in total EUR 30 million. The buy-back will be carried out via the stock exchange.
The buy-back will take place under the leadership of an investment firm or a credit institution in accordance with the safe harbour provisions of Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and Council of 16 April 2014 in conjunction with the provisions of the Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016. The commissioned investment firm or credit institution will make its decisions on the time of the repurchase of shares independently and uninfluenced by Samara Asset Group p.l.c.. The Company intends to use the repurchased shares as funds for acquisitions.
All share repurchase transactions will be announced weekly after their execution on the Company's website (https://www.samara-ag.com) in the Investor Relations section.
< end of ad hoc disclosure >
About Samara Asset Group p.l.c. Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR) is a deep-tech powered alternative asset manager with a hyperfocus on alpha-generating strategies and Bitcoin. We leverage our robust balance sheet to seed and invest in funds of emerging asset managers, primarily on the Samara Alpha platform, and back the world’s best builders in the Bitcoin ecosystem.
Media Contact: Samara Asset Group p.l.c. 66/67, Beatrice, Amery Street, Sliema, SLM 1707, Malta E-mail: info@samara-ag.com End of Inside Information
17-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Samara Asset Group p.l.c. |
| Beatrice 66 & 67, Amery Street | |
| SLM 1707 Sliema | |
| Malta | |
| E-mail: | info@cryptology-ag.com |
| Internet: | cryptology-ag.com |
| ISIN: | MT0001770107 |
| WKN: | A2JDEW |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1948523 |
| End of Announcement | EQS News Service |
|
|
1948523 17-Jul-2024 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
