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Report on the progress of the share buy-back programme

September 2017
REGULATED INFORMATION

PRESS RELEASE                                                                      
18 September 2017 – 20:00 CET

Report on the progress of the share buy-back programme

Brussels, Belgium – 18 September 2017 – Keyware (EURONEXT Brussels: KEYW) reports on the progress of its share buy-back programme capped to EUR 1 million.

The Extraordinary General shareholders Assembly of Keyware Technologies held on 27 May 2016 has authorized the Board of Directors to launch a share buy-back progr2amme. In May 2017, the Board of Directors has decided to start a share buy-back programme capped to EUR 1 million.

Referring to article 207 of the Royal decree of 30 January 2001 in execution of the Companies code (art. 620 § 1), as modified by Royal Decree of 26 April 2009, Keyware Technologies communicates that it has purchased 32,300 treasury shares at Euronext Brussels in the period between 11 September 2017 and 15 September 2017. 

Purchase date Number of shares Average purchase price (EUR) Lowest purchase price (EUR) Highest purchase price (EUR) Total (EUR)
11/09/2017 2,400 1.4015 1.400 1.409 3,363.59
12/09/2017 17,600 1.4068 1.400 1.408 24,759.80
13/09/2017 355 1.4030 1.400 1.410 498.05
14/09/2017 250 1.3980 1.398 1.398 349.49
15/09/2017 11,695 1.4049 1.399 1.410 16,430.48
Total 32,300 1.4056     45,401.41

 

As a result of these transactions and the sale of 47,400 shares on 30 June 2017 in favor of the former shareholders of EasyOrder BVBA, the Company holds a total of 142,622 treasury shares on 15 September 2017 or 0.6538 % of the actual number of shares issued (i.e. 21,813,793).

The share buy-back programme is further executed within the indicated maximum amount of EUR 1,000,000. Under this programme, a total of 178,066 treasury shares have been purchased for an amount of EUR 256,659.43. Hence, the remaining balance is EUR 743,340.57 (which corresponds to approximately 527,192 shares).

For an overview of the purchases of treasury shares since respectively 26 August 2016 and 1 June 2017 we refer to our website: http://www.keyware.com/legal-information under the title “Share buy-back programme”.

About Keyware

Keyware (EURONEXT Brussels: KEYW) is a leading supplier of electronic-payment solutions, loyalty systems, identity applications and related transaction management.  Keyware is located in Zaventem, Belgium, and more information is available on www.keyware.com 

For additional information, please contact:   

Mr Stéphane Vandervelde
President & CEO
Keyware Technologies
Tel: +32 (0)2 346.25.23
ir@keyware.com
www.keyware.com