Ordina reports progress of share buy-back 4 July 2022

Ordina N.V. repurchased 230,000 of its ordinary shares in the period from 25 June 2022 through 1 July 2022. The shares were repurchased at an average price of € 4.80 per share. The amount of the repurchases over this period was € 1,103,765.

These shares were repurchased in accordance with the authorisation granted by Ordina N.V.’s General Meeting of 7 April 2022 to purchase treasury shares and the share buy-back programme with a maximum value of € 15 million announced on 17 February 2022.

Ordina started the implementation of the programme on 2 May 2022 and expects to complete the programme within three months of 2 May 2022, with the proviso that Ordina is entitled to terminate the share buy-back programme prematurely if there is a significant change in circumstances warranting such a termination.

Ordina has repurchased a total of 2,377,369 shares to date with a total repurchase value of € 10,912,594.

The Excel sheet with the details of all transactions can be downloaded from the Ordina website.