Announcement according to article 2 of the Regulation (EC) 2016/1052
Südzucker AG: Announcement in accordance with Article 5, Paragraph 3 of Regulation (EU) 596/2014
and Article 2, Paragraphs 2 and 3 of Delegated Regulation (EU) 2016/1052 – performance share buyback
Mannheim (pta037/30.07.2024/14:45 UTC+2)
On 26 July 2024, Südzucker AG commenced the share buyback started by way of the announcement from 25 July 2024 in accordance with Article 5, Paragraph 1(a) of Regulation (EU) 596/2014 and Article 2, Paragraph 1 of Delegated Regulation (EU) 2016/1052 and completed the share buyback the same day.
A total of 12,586 shares (ISIN DE0007297004) were bought back on 26 July 2024. The average purchase price paid on the stock market was EUR 12.11. The company bought back shares for a total price of EUR 152,468.60 (excluding incidental acquisition costs).
The acquisition of the shares served the sole purpose of fulfilling obligations relating to the executive board remuneration system of Südzucker AG within the meaning of Article 5, Paragraph 2(c) of Regulation (EU) 596/2014.
The buyback was implemented via the XETRA trading system of the Frankfurt Stock Exchange under the lead of a bank which decided on the timing of the acquisition of the shares independently from Südzucker AG.
The total number of shares bought back on 26 July 2024, the weighted average share price and the aggregated volume are listed below:
| Date | Number of shares bought back | Weighted average share price (EUR) | Aggregated volume (EUR) |
| 26 July 2024 | 12,586 | 12. 114142698 | 152,468.60 |
| In total: | 12,586 | 12. 114142698 | 152,468.60 |
Hereby the share buyback is being completed.
The single transactions effected within one day have been published at
https://www.suedzuckergroup.com/en/investor-relations/corporate-governance/remuneration-systems.
Mannheim, July 2024
Südzucker AG
The Executive Board
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| Emitter: |
Südzucker AG Maximilianstraße 10 68165 Mannheim Germany |
|
|---|---|---|
| Contact Person: | Nikolai Baltruschat | |
| Phone: | +49 621 - 421-843 | |
| E-Mail: | investor.relations@suedzucker.de | |
| Website: | www.suedzuckergroup.com | |
| ISIN(s): | DE0007297004 (Share) XS0222524372 (Bond) XS1524573752 (Bond) XS1724873275 (Bond) XS2550868801 (Bond) | |
| Stock Exchange(s): | Regulated Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart; Free Market in Hannover, Tradegate |