Aramis Group - Implementation of a share buyback program intended to begin covering the performance share allocation plan
PRESS RELEASE
Arcueil, August 2, 2024
Implementation of a share buyback program intended to begin covering the performance share allocation plan
Aramis Group announces today, in accordance with the 11th and 16th resolutions of the General Meeting of February 9, 2024, the implementation of a share buyback program.
Aramis Group intends to allocate the repurchased shares to cover the performance share allocation plans for the Group's key managers and employees, as part of the value-sharing strategy defined during its IPO in 2021.
As of today, Aramis Group employees already hold 0.86% of the capital1, thanks to various employee shareholding plans launched by the Group since its inception.
A mandate has been entrusted to Kepler Cheuvreux, an investment services provider, to purchase shares of Aramis Group SA (FR0014003U94) starting from August 5, 2024, for a period of 8 months, with a maximum volume of 700,000 shares, corresponding to 0.84% of the capital.
The description of the share buyback program is detailed in section 7.3.3 of the 2023 Universal Registration Document of Aramis Group.
Information regarding transactions on Aramis Group shares under the share buyback program will be published on the Group's website .
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About Aramis Group –
Aramis Group is the European leader for B2C online used car sales and operates in six countries. A growing group, an e-commerce expert and a vehicle refurbishing pioneer, Aramis Group acts each day for more sustainable mobility with an offering that is part of the circular economy. Founded in 2001, it has been revolutionizing its market for over 20 years, focused on ensuring the satisfaction of its customers and capitalizing on digital technology and employee engagement to create value for all its stakeholders. With full-year revenues of €2 billion, Aramis Group will sell more than 110,000 vehicles B2C this year and welcomes more than 70 million visitors across all its digital platforms each year. The Group employs more than 2,500 people and has eight industrial-scale refurbishing centers throughout Europe. Aramis Group is listed on Euronext Paris Compartment B (Ticker: ARAMI – ISIN: FR0014003U94).
Investors contact
Alexandre Leroy
Head of Investor Relations,
Financing and Cash Management
+33 (0)6 58 80 50 24
Press contacts
Brunswick
Hugues Boëton
Tristan Roquet Montegon
+33 (0)6 79 99 27 15
1 Number of employees who are registered shareholders or shareholders through the Aramis Group FCPE (Employee Investment Fund)
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