Rémy Cointreau: Implementation of the Share Buyback Programme
PARIS -- December 4, 2013
At its meeting of 19 November 2013, the Board of Directors of Rémy Cointreau
(Paris:RCO) decided, in accordance with the 11^th and 13^th resolutions
approved by the general meeting of shareholders on 24 September 2013, to
authorise the company’s Chief Executive Officer to implement a share buyback
programme. Pursuant to this authorisation, a mandate was granted to an
investment services provider to purchase shares in Rémy Cointreau SA up to a
maximum of 2,500,000 shares.
The shares thus acquired will be used for cancellation purposes, in accordance
with the description of the share buyback programme published in Rémy
Cointreau’s Registration Document which was filed with the French Financial
Markets Authority (Autorité des Marchés Financiers) on 12 July 2013 under the
The investment services provider may purchase, on the dates it deems
appropriate, up to a maximum of 2,500,000 shares under pricing conditions that
comply with European (Commission) Regulation 2273/2003 dated 22 December 2003
and AMF General Regulations.
This buyback programme will end at the latest on 23 March 2015.
Rémy Cointreau reserves the right to stop the buyback programme.
This decision does not affect the performance of the liquidity contract signed
by the company.
The description of the buyback programme (pages 155 of the Registration
Document 2012/13), as well as the press release in relation to the decision of
the general meeting of the shareholders dated 24 September 2013, are available
on the website of the Company www.remy-cointreau.com – in the 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 hypotheses
at the date of publication of this release, they are by their nature subject
to risks and uncertainties which could cause actual results to differ
materially from those indicated or projected in these statements.
Joëlle Jézéquel, (+33) 1 44 13 45 15
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