VENTE-UNIQUE.COM: Implementation of a share buyback program – 09/26/2022 at 10:30 am

September 26, 2022.

Vente-unique.com, an expert in the online sale of furniture and home furnishings in Europe, publishes the main features of its share buyback program.

The implementation of this program falls within the framework of the provisions of articles 241-1 to 241-7 of the general regulations of the Autorité des Marchés Financiers and of Regulation (EU) n° 596/2014 of April 16, 2014 on market abuse. The share buyback program was approved by the Combined General Meeting of March 28, 2022.

The maximum capital buyback percentage authorized by the General Meeting is 10% of the total number of shares making up the share capital, ie, to date, 966,057 shares.

The objectives of this buyback program by the Company of its own shares would be, in descending order of priority, the following:

• Ensure liquidity
  
  and stimulate the market for the Company’s shares through an investment services provider acting independently under a liquidity contract in accordance with the code of ethics recognized by the Autorité des marchés financiers;

• Allocate actions
  
  corporate officers and members of staff of the Company and other entities of the latter’s group, and in particular in the context of (i) participation in the company’s results, (ii) any stock option plan purchase of Company shares, under the provisions of Articles L. 225-177 et seq. of the French Commercial Code or (iii) any savings plan in accordance with Articles L. 3331-1 et seq. of the Labor Code or (iv) any free allocation of shares within the framework of the provisions of Articles L. 225-197-1 et seq. of the French Commercial Code, as well as carrying out any hedging transactions relating to these transactions, under the conditions provided for by the market authorities and at times that the Board of Directors or the person acting by delegation of the Board of Directors will assess;

• Cancel all or part of the actions
  
  so purchased.

The Company will ensure that the objectives are achieved in compliance with the regulations in force.

The maximum amount of funds intended for the realization of this share buyback program is set at €5,500,000, it being understood that the maximum purchase price per share will be determined by application of the corresponding provisions of the Delegated Regulation (EU) 2016 /1052 of March 8, 2016 supplementing Regulation (EU) No. 596/2014 of April 16, 2014 on market abuse.

The program has been authorized for a period of 18 months from the General Meeting of March 28, 2022, i.e. until September 28, 2023.

Next meeting: 2022 revenue, Wednesday November 9, 2022

Find all the information on:

Bourse.vente-unique.com

About Vente-unique.com

Created in 2006, Vente-unique.com (Euronext Growth – ALVU), a subsidiary of the CAFOM Group (Euronext – CAFO), is an expert in the online sale of furniture and home furnishings in Europe. The company covers 11 countries (France, Germany, Austria, Belgium, Spain, Italy, Luxembourg, Netherlands, Poland, Portugal and Switzerland) and has delivered more than 2 million customers since its launch. In 2021, Vente-unique.com generated revenue of €163 million, up 38%.

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