Aalst-Erembodegem (Belgium), 17 May 2019 – Ontex Group NV (“Ontex”) hereby announces, in accordance with applicable rules, that it has acquired 63,377 of its own shares on 13 May 2019 as a result of the partial exercise of a forward purchase agreement.
Ontex has exercised the relevant forward purchase agreement in order to meet its obligation to deliver its own shares under grants made under its Long-Term Incentive Plan (LTIP) in 2016.
The grants made by Ontex under its LTIP typically consist of Restricted Stock Units (RSU) and stock options and provide for a three-year vesting period.
* The highest price and lowest price, respectively, reflects the highest price and lowest price of Ontex shares on Euronext Brussels during the period 1 July 2015 until 21 July 2015 during which underlying Ontex shares were bought by its counterparty under the forward purchase agreement and on the basis of which the strike price of € 27.070 was determined.
* The highest price and lowest price, respectively, reflects the highest price and lowest price of Ontex shares on Euronext Brussels during the period 20 June 2016 until 1 July 2016 during which underlying Ontex shares were bought by its counterparty under the forward purchase agreement and on the basis of which the strike price of € 28.965 was determined.
As of today, the following purchase agreements are outstanding in respect of Ontex’s own shares:
* The highest price and lowest price, respectively, reflects the highest price and lowest price of Ontex shares on Euronext
Brussels during the period 20 June 2016 until 1 July 2016 during which underlying Ontex shares were bought by its
counterparty under the forward purchase agreement and on the basis of which the strike price of € 28.965 was determined.
** The highest price and lowest price, respectively, reflects the highest price and lowest price of Ontex shares on Euronext
Brussels during the period 7 June 2017 until 22 June 2017 during which underlying Ontex shares were bought by its
counterparty under the forward purchase agreement and on the basis of which the strike price of € 32.298 was determined.
*** The highest price and lowest price, respectively, reflects the highest price and lowest price of Ontex shares on Euronext
Brussels during the period 29 May 2018 until 22 June 2018 during which underlying Ontex shares were bought through the
central order book of Euronext Brussels by its counterparty under the forward purchase agreement and on the basis of which
the strike price of € 22.4709 was determined.
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