Belgium: AvH Announces Redemption of Shares
- Business & Finance
Ackermans & van Haaren NV has announced its “Redemption on Shares” regular update.
They have concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH-share.
In the framework of this liquidity programme, Kepler Cheuvreux has in the period from January 27, 2014 until February 1, 2014 acquired a total of 19,151 shares on NYSE Euronext Brussels. In accordance with the Royal Decree of January 30, 2001, the table below does not provide an overview of any sales of own shares during this period.
Ackermans & van Haaren currently holds 368,470 own shares, i.e. 1.10% of the total shares outstanding.
Ackermans & van Haaren is a diversified group active in a several segments: Infrastructure & Marine Engineering (DEME, one of the largest dredging companies in the world – Algemene Aannemingen Van Laere, a leading contractor in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK – Bank J. Van Breda & C°, niche bank for entrepreneurs and liberal professions in Belgium), etc.
February 4, 2014