EQS-Adhoc: Zalando SE: Zalando Launches Share Buy-back for Stock Option Programs
Source: EQS
EQS-Ad-hoc: The buy-back shall be executed through the stock exchange and in line with the authorization of the Company’s Annual General Meeting 2020, and in line with the safe harbour requirements of buy-back programs set forth by Regulation (EU) No. 596/2014 (Market Abuse Regulation) and Commission Delegated Regulation (EU) No. 2016/1052 of The share repurchases will be carried out by an independent bank which will make its trading decisions regarding the exact timing of the purchases of shares independently of, and without any influence by, the Company. The bank is obliged to comply with the trading conditions of Art. 3 of the Delegated Regulation and the provisions contained in this share buy-back program. Information on the transactions relating to the buy-back program will be published according to Art. 2 of the Delegated Regulation and will be made available on the Company’s website under https://corporate.zalando.com/en/investor-relations. Person making the notification: Dr. Martin Bredol, Senior Lead Corporate Law
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End of Inside Information
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Language: | English |
Company: | |
Valeska-Gert-Straße 5 | |
10243 |
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E-mail: | investor.relations@zalando.de |
Internet: | https://corporate.zalando.de |
ISIN: | DE000ZAL1111 |
WKN: | ZAL111 |
Indices: | DAX |
Listed: | Regulated Market in |
EQS News ID: | 1856953 |
End of Announcement |
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1856953 12-March-