Van De Velde : Acquisition of treasury shares

09.03.2017 - 18h

Regulated information

Acquisition of treasury shares

In order to meet the future obligations of the stock option plan for members of the Management Committee (initiated in 2005 and renewed in 2010 and 2015), the Board of Directors of Van de Velde NV proceeded with the purchase of shares on the market of Euronext Brussels. The following treasury shares have been acquired:

• 01/03/2017: 500 shares. Average price = 56,76 €/share. Maximum price = 57,47 €/share. Minimum price = 55,90 €/share;

• 02/03/2017: 500 shares. Average price = 55,59 €/share. Maximum price = 55,95 €/share. Minimum price = 55,00€/share;

• 03/03/2017: 500 shares. Average price = 54,48 €/share. Maximum price = 54,60 €/share. Minimum price = 53,95 €/share;

• 06/03/2017: 450 shares. Average price = 54,38 €/share. Maximum price = 54,73 €/share. Minimum price = 54,00 €/share;

• 07/03/2017: 168 shares. Average price = 55,20 €/share. Maximum price = 55,29 €/share. Minimum price = 55,00 €/share;

• 08/03/2017: 220 shares. Average price = 55,50 €/share. Maximum price = 55,61 €/share. Minimum price = 55,31 €/share.

The authorization to acquire own shares was granted to the Board of Directors on April 30, 2014 during the extraordinary meeting of shareholders.

Van de Velde NV is a leading player in the luxury and fashionable women's lingerie sector. Van de Velde is convinced of the merits of a long-term strategy based on developing and expanding brands around the Lingerie Styling concept (fit, style and fashion), especially in Europe and North America.

For more information, contact:

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. +32 9 365 21 00 - F. +32 9 365 21 70 - www.vandevelde.eu - info@vandevelde.eu