Remy Cointreau Announces the Reallocation of Shares Purchased under Its
Share Buyback Programme
PARIS -- November 19, 2013
To date, Rémy Cointreau (Paris:RCO) has held 1,428,794 treasury shares
(excluding the liquidity contract) purchased under a Share Buyback Programme
implemented between 6 December 2011 and 23 May 2012. As announced in a press
release dated 23 May 2012, these shares were allocated for retention and
future exchange in order to fund potential acquisitions.
Due to the absence of acquisition projects in the foreseeable future funded by
existing shares, the Board of Directors decided, on 19 November 2013, to
reallocate 278,794 of these shares to grant free shares to employees of the
Company (or related companies) and to corporate officers. The balance of
1,150,000 shares was reallocated to the cancellation of shares as part of a
share capital reduction approved the same day.
Details concerning the transactions completed pursuant to its share buyback
programmes are available on Rémy Cointreau’s website: www.remy-cointreau.com –
see the Financial Communication/Regulated Information section.
“This news release does not constitute a solicitation or an offer to buy Rémy
Cointreau shares. If you wish to obtain more comprehensive information about
Rémy Cointreau, please refer to the public documents registered in France with
the Autorité des Marchés Financiers (also available in English on our website
This news release may contain some forward-looking statements. Although Rémy
Cointreau considers that these statements are based on reasonable hypothesis
at the date of publication of this release, such statements are by nature
subject to risks and uncertainties which could cause actual results to differ
materially from those indicated or projected therein.”
Joëlle Jézéquel, Tel: + 33 (1) 44 13 45 15
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