ICADE (EPA:ICAD) - ICADE TO START A SHARE BUYBACK PROGRAMME
Transparency directive : regulatory news
18/12/2018 17:50
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PRESS RELEASEIssy-les-Moulineaux, December 18, 2018
ICADE TO START A SHARE BUYBACK PROGRAMME
Icade announces that it has entered into an agreement with an investment
services provider for the purpose of buying back its own shares up to a maximum
of 0.5% of its share capital (i.e. 372,679 shares) over the period from
December 19, 2018 to June 19, 2019.
The purchase price per share may not exceed the maximum price set by the
Combined General Meeting of April 25, 2018.
These shares are intended to cover existing or future employee share ownership
plans.
A description of the share buyback programme authorised by the Combined General
Meeting of April 25, 2018 was issued on April 25, 2018 and is available on the
Company's website (www.icade.fr).
ABOUT ICADE
Building for every future
As an investor and a developer, Icade is an integrated real estate player which
designs innovative real estate products and services adapted to new urban
lifestyles and habits. By placing corporate social responsibility and
innovation at the core of its strategy, Icade is closely involved with
stakeholders and users in the cities- local authorities and communities,
companies and employees, institutions and associations... As an office and
healthcare property investor (portfolio value of EUR11.4bn as of 06/30/18 on a
proportionate consolidation basis) and as a property developer (2017 economic
revenues of EUR1,209m), Icade has been able to reinvent the real estate
business and foster the emergence of tomorrow's greener, smarter and more
responsible cities. Icade is a significant player in the Greater Paris area and
major French cities. Icade is listed on Euronext Paris as a French Listed Real
Estate Investment Company (SIIC). Its leading shareholder is the Caisse des
dépôts Group.
The text of this press release is available on the Icade website: www.icade.fr
CONTACTS
Anne-Sophie Lanaute,
Head of financial communication and investor relations
+33(0)1 41 57 70 29
anne-sophie.lanaute@icade.fr
Charlotte Pajaud-Blanchard,
Press relations manager
+33(0)1 41 57 71 19
charlotte.pajaud-blanchard@icade.fr
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