ABO-Group: Purchase - Repayment of share loan
June 23 2017 - 11:01AM
Purchase -
repayment of share loan
Ghent, June 23rd 2017 - 18h00
- Regulated information
As authorized to the Board of
Directors by the general meeting of May 28th 2014, ABO-Group
acquired 16.000 own shares through purhases on Euronext Brussels in
the following order:
Date |
Number of shares |
Amount (EUR) |
Price (EUR) |
June 20th 2017 |
15,910 |
45,041.59 |
2.82 |
June 21st 2017 |
90 |
272.56 |
2.94 |
Totaal |
16,000 |
45,314.15 |
2.83 |
The purchased shares will be used
to repay a share loan granted by majority shareholder Mr. Frank De
Palmenaer on november 9th 2015. The loan was granted to finance the
purchase of a 50% stake in Energy to zero NV, which was payed
partially in ABO-Group shares.
As mentioned in the annual report 2016, the borrowed shares were
due for repayment on June 30th 2017. After repayment of the loan
ABO-Group will no longer hold any own shares.
About
ABO-Group
ABO-Group is an engineering and
consultancy firm active in the construction, environment and energy
market. ABO-Group offers services in her home markets (Belgium, the
Netherlands and France) and internationally by providing
sustainable solutions. We refer to our website for more detailed
information on our activities.
For more information:
Frank De
Palmenaer Johan
Reybroeck
CEO ABO-Group Environment
NV
CFO ABO-Group Environment NV
frank.depalmenaer@abo-group.eu
johan.reybroeck@abo-group.eu
T +32 (0)9 242 88 22
Derbystraat 255, Maaltecenter Blok G, B-9051 Gent
(SDW), Belgium
This press release is available on our website
www.abo-group.eu
Purchase - Repayment of share
loan
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ABO-Group via Globenewswire
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