BRUSSELS, Belgium, Feb. 2, 2015 (GLOBE NEWSWIRE) -- RHJ International ("RHJI") announces that the share buy-back programme initiated on 31 October 2014 for the repurchase of up to 1.3 million shares for an aggregate consideration of up to EUR 6.5 million expired on 30 January 2015. RHJI hereby discloses information in accordance with Article 207 of the Royal Decree of 30 January 2001 in execution of the Belgian Company Code:
Under the Share Buy-Back Programme 2014 as announced on 31 October 2014, the Company reports today that during the period from 26 to 30 January 2015, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations (see detailed report attached):
RHJI purchased under the programme a total of 1,140,118 shares between 31 October 2014 and 30 January 2015 at an average price of EUR 4.48075 per share, or EUR 5,108,583.45 in aggregate.
The programme relied on and took place in accordance with the authority granted to RHJI by its Shareholders' Meeting of 17 June 2014. The programme was implemented in accordance with the EU Regulation 2273/2003 of December 22, 2003 (as regards certain exemptions for share buy-back programmes). RHJI appointed a financial institution which has managed the programme under a discretionary management agreement. The shares acquired under the programme will be allocated to employees of RHJI or of affiliated or associated companies under RHJI's incentive compensation plan.
RHJI currently holds 1,007,177 treasury shares representing 0.76% of its total issued and outstanding shares. Details of RHJI's share repurchases can be found on its website at www.rhji.com.
For further information, please contact:
Investor Relations Director
Tel: +32 2 643 6013
About RHJ International:
RHJ International (Euronext: RHJI) is a limited liability company incorporated under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. RHJ International is a financial services group with principal activities in wealth management, asset management and merchant banking. For further information visit: www.rhji.com.
Full Press Release (PDF) http://hugin.info/135946/R/1891082/669612.pdf
Source:RHJ International SA