Sofina announces the launch of a share buyback programme (the "Share Buyback Programme") for a total maximum amount of EUR 11.5 million1 in the framework of the authorisation granted by its Annual General Meeting of Shareholders held on 4 May 2023.
In accordance with the hedging policy for stock options granted to employees of the Company and its subsidiaries (the "Stock Option Plans"), the Share Buyback Programme is implemented to cover the commitments of the Company under these Stock Option Plans.
The Share Buyback Programme will start on 31 May 2023 and will end on or before 30 June 2023. Under this programme, Sofina may acquire, through an independent intermediary, a maximum of 50,000 Sofina shares on Euronext Brussels.
In this context, Sofina appointed KBC Securities NV as independent intermediary to purchase the Sofina shares in the framework of a discretionary mandate ending on 30 June 2023 at the latest. KBC Securities NV will make trading decisions under the Share Buyback Programme independently of Sofina.
During the term of the Share Buyback Programme, Sofina will regularly publish press releases with updates on its implementation in accordance with applicable law and regulation.
This amount has been calculated on the basis of the closing price of the Sofina share on Euronext Brussels during the
trading days preceding the date of this press release, increased by 15%.
SOFINA SA | Rue de l'Industrie, 31 - 1040 Brussels | RLE Brussels: 0403.219.397
Listed on Euronext Brussels (ISIN BE0003717312) | www.sofinagroup.com
Newsletter #12
24 July 2023
Half-year report 2023
5 September 2023
Newsletter #13
January 2024
Sofina is a Belgian investment company, listed on Euronext Brussels. Sofina's mission is to partner with leading entrepreneurs and families, backing them with patient capital and supportive advice to foster sustainable growth of their businesses. Relationships and alignment are at the heart of what we do. Sofina has investments in Europe, Asia and the United States in various sectors, with a particular focus on Consumer and retail, Digital transformation, Education as well as Healthcare and life sciences. For more information, please visit www.sofinagroup.com
SOFINA SA | Rue de l'Industrie, 31 - 1040 Brussels | RLE Brussels: 0403.219.397
Listed on Euronext Brussels (ISIN BE0003717312) | www.sofinagroup.com
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Sofina SA published this content on 30 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 May 2023 18:20:19 UTC.
Sofina SA is a holding company owning shares, directly and indirectly through funds, in listed and unlisted companies. At the end of 2023, its portfolio, valued at a fair value of EUR 8,928.2 million, breaks down by activity as follows:
- acquisition of minority stakes in private and listed companies (53.1%; Sofina Direct). The portfolio breaks down by market between consumer goods and services (34.6%), digital transformation (20.6%), education (11.1%), health and life sciences (12.8%) and other (20.9%) including recent focus on Sustainable supply chains;
- investment in venture and growth capital funds (46.9%; Sofina Private Funds).
The portfolio by value is distributed geographically across Western Europe (37.8%), North America (35.2%), Asia (26.8%) and other (0.2%).
SOFINA SA 
