Disclosure of trading in own shares - Pre-paid forward agreement on own shares
DISCLOSURE OF TRADING IN OWN SHARES
PRE-PAID FORWARD AGREEMENT ON OWN SHARES
(partial early settlement)
Paris, September 18, 2023 – Ubisoft Entertainment SA (Euronext Paris: UBI – ISIN code FR0000054470) has decided on September 7, 2023, by virtue of the opportunity offered under the terms of the pre-paid forward agreement entered into on March 20, 2018 with Crédit Agricole Corporate and Investment Bank (the "Agreement")1, to settle by anticipation the Agreement for an amount of 489,547 treasury shares (the "Shares") out of the remaining balance under the Agreement of 2,245,454 Shares2.
The delivery of the Shares (in pure registered form) on September 12, 2023 to Uptevia, is part of the share buyback program authorized by the General Meeting of Ubisoft Entertainment SA on July 5, 2022.
These Shares are intended to be used to cover employee shareholding plans.
| Issuer corporate name | Issuer identification code | Settlement | Purchase/Sale | Options/Futures |
| Ubisoft Entertainment sa | 969500I7C8V1LBIMSM05 | September 7, 2023 | Purchase | Partial early settlement of the pre-paid forward agreement by delivery of the shares |
| Number of shares | Financial instrument identification code | Delivery | Market | Purpose of the purchases |
| 489,547 | FR0000054470 | September 12, 2023 | Over the counter | Employee share ownership plans coverage |
This operation has no impact in terms of dilution or on Ubisoft Entertainment SA’s net cash position.
1 to be settled at maturity (March 22, 2024) or by anticipation, in whole or in part, by Ubisoft Entertainment SA
2 Cf. "" - March 20, 2018 / Cf. "" - March 29, 2018 / Cf. "" - September 15, 2020 / Cf. "" - September 15, 2022 / Cf. "" - June 21, 2023
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