ESI Group: Share Buyback Program
Summary
596/2014 of April 16, 2014 on market abuse, Articles 241-1 et seq of the General Regulations of the “Autorité des Marchés Financiers” and Articles L.225-209 and following the objectives and modalities of ESI Group’s share buyback program, as authorized by the Combined Annual General Meeting held on July 18, 2019 and implemented by the Board of Directors during its meeting held the same day. This new program ends the previous one authorized by the Combined General Meeting of July 18, 2018. i. stimulate the secondary market or the liquidity of ESI Group shares through a liquidity contract signed with an investment service provider and compliant with the AMAFI’s Code of Ethics dated September 23, 2008 and approved by the French Financial Markets Authority (AMF), ii. The Board of Directors will inform the shareholders in its management report of the acquisitions and disposals made in application of this authorization. Present in more than 40 countries, and addressing every major industrial sector, ESI employs about 1200 high-level specialists around the world and reported annual sales of €139 million in 2018. ESI is a French company listed in compartment B of NYSE Euronext Paris, labeled “Innovative Company” in 2000 by Bpifrance and eligible for FCPI (innovation-focused mutual funds) and PEA-PME (personal equity plans investing in SMEs).