Lochem, 28 May 2018
ForFarmers: update on, and end of, share buy-back programme
ForFarmers N.V. (hereinafter 'ForFarmers') has repurchased 56,993 shares in the period from 21 May 2018 through 25 May 2018.
The shares were repurchased for an average price of €11.74 per share, for a total amount of €669,062. These repurchases were made in accordance with the authorisation granted by the ForFarmers N.V. Annual General Meeting of Shareholders on 26 April 2018 as part of the share buy-back programme, in order to execute employee participation plans, as announced on 2 May 2018.
The total number of shares that has been repurchased to date according to this programme is 186,502 shares, for a total amount of €2,190,604. ForFarmers has herewith completed the share buy-back programme.
More information about the purchase programme is available on the ForFarmers website ( www.forfarmersgroup.eu/en ).
This press release contains information that qualifies as inside information in the sense of Article 7 paragraph 1 of the EU Market Abuse Regulation.
Note to the editor / For additional information: Caroline Vogelzang, Director Investor Relations & Communications T: 0031 573 288 194 M: 0031 6 10 94 91 61 E: caroline.vogelzang@forfarmers.eu
Company profile ForFarmers N.V. ('ForFarmers', Lochem, the Netherlands) is an internationally operating feed company that offers total feed solutions for conventional and organic livestock farming. ForFarmers gives its very best "For the Future of Farming": for the continuity of farming and for a financially secure sector that will continue to serve society for generations to come in a sustainable way. By working side-by-side with farmers ForFarmers delivers real benefits: better returns, healthier livestock and greater efficiency. This is achieved by offering tailored and Total Feed solutions and a targeted approach with specialist and expert support.
With sales of approximately 9.6 million tonnes of feed annually, ForFarmers is market leader in Europe. ForFarmers has approximately 2,300 employees and production facilities in the Netherlands, Belgium, Germany and the United Kingdom. In 2017, revenues amounted to over €2.2 billion.
ForFarmers N.V., Postbus 91, 7240 AB Lochem, T: +31 (0)573 28 88 00, F: +31 (0)573 28 88 99 info@forfarmers.eu /en/, www.forfarmersgroup.eu/en/
FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements, including those relating to ForFarmers legal obligations in terms of capital and liquidity positions in certain specified scenarios. In addition, forward-looking statements, without limitation, may include such phrases as "intends to", "expects", "takes into account", "is aimed at", ''plans to", "estimated" and words with a similar meaning. These statements pertain to or may affect matters in the future, such as ForFarmers future financial results, business plans and current strategies. Forward-looking statements are subject to a number of risks and uncertainties, which may mean that there could be material differences between actual results and performance and expected future results or performances that are implicitly or explicitly included in the forward-looking statements. Factors that may result in variations on the current expectations or may contribute to the same include but are not limited to: developments in legislation, technology, jurisprudence and regulations, share price fluctuations, legal procedures, investigations by regulatory bodies, the competitive landscape and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statements or the actual results of ForFarmers, are discussed in the last published annual report. The forward-looking statements in this press release are only statements as of the date of this document and ForFarmers accepts no obligation or responsibility with respect to any changes made to the forward-looking statements contained in this document, regardless of whether these pertain to new information, future events or otherwise, unless ForFarmers is legally obliged to do so.
