Brussels (Belgium), 2 June 2020 – 20:00 (CEST) – regulated information. In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code on Companies and Associations, UCB SA/NV (“UCB” or the “Company) (Euronext Brussels: UCB) hereby discloses certain information in relation to its Share Repurchase Program 2020.
Under this program, UCB has requested a financial intermediary to repurchase up to 1.2 million UCB shares on its behalf under the terms of an initial discretionary mandate agreement with validity until 15 June 2020, effective as from 25 March 2020, to cover current and future obligations under UCB's Long Term Incentive Plans for its personnel. The validity of this agreement has been extended from 15 June 2020 to 29 July 2020.
In the framework of this Share Repurchase Program 2020, UCB repurchased 189 360 UCB shares on Euronext Brussels in the period from 22 May 2020 up to and including 1 June 2020, as follows:
Disposals of own shares
In accordance with article 8:6 of the Royal Decree executing the Belgian Code of Companies and Associations, UCB announces that, following exercises of stock options by members of its personnel, it has disposed of UCB shares OTC in view of deliveries of these shares to the relevant members of the personnel, within the framework of the Long Term Incentive Program of the UCB Group, as follows: