ALLTERCO JSCO Allterco JSCo successfully completes repurchase of own shares through over-the-counter transactions
Transparency directive : regulatory news
30/06/2022 17:30
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DGAP-Ad-hoc: Allterco JSCo / Key word(s): Share Buyback
Allterco JSCo successfully completes repurchase of own shares through over-the-counter transactions
30-Jun-2022 / 17:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Publication of inside information according to Article 17 MAR
Allterco JSCo successfully completes repurchase of own shares through over-the-counter transactions
Sofia / Munich, 30 June 2022 – Allterco JSCo (ticker A4L / ISIN: BG1100003166) (“Allterco” / “the Company”) today successfully completed the repurchase of 40,000 treasury shares, representing 0.22% of the Company's total share capital, from two independent shareholders through over-the-counter ("OTC") transactions as announced on 24 June 2022. At a price of BGN 19.50 (EUR 9.97) per share, the Company repurchased treasury shares in the amount of BGN 780,000.00 (EUR 398,807.67). The repurchased shares are to serve as partial payment of the purchase price in the eventual acquisition of the Slovenian IoT company GOAP d.o.o. Nova Gorica ("GOAP"), whose intended 100% acquisition Allterco had announced on 8 June 2022. In the event that Allterco and GOAP shareholders do not reach an agreement on the transaction, the repurchased shares could alternatively be used for the employee incentive program or sold to private investors.
For further information, please visit allterco.com.
Investor Relations contact
CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: +49 (0) 89-1250903-31
Mail: sp@crossalliance.de
www.crossalliance.de
30-Jun-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
Allterco JSCo |
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103 Cherny Vrah Bldv |
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1407 Sofia |
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Bulgaria |
| E-mail: |
s.iliev@allterco.com |
| Internet: |
www.allterco.com |
| ISIN: |
BG1100003166 |
| WKN: |
A2DGX9 |
| Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin |
| EQS News ID: |
1388081 |
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| End of Announcement |
DGAP News Service |
1388081 30-Jun-2022 CET/CEST
