Lochem, 29 June 2020

Update on share buy-back programme ForFarmers

ForFarmers N.V. (ForFarmers) has repurchased 6,478 shares in the period from 22 June 2020 through 26 June 2020.

The shares were repurchased at an average price of €5.38 per share, for a total amount of €34,822. These repurchases were made in accordance with the authorisation granted by the ForFarmers Annual General Meeting (AGM) of Shareholders on 24 April 2020 to complete the current share buy-back programme, as announced on 3 May 2019, for a total amount of €30 million. Also, from 29 April 2020, shares were repurchase for the employee participation plans for 2020, as announced in the press release on 24 April 2020 with regard to the decisions of the AGM.

The total number of shares that has been repurchased to date according to these programmes is 5,110,789 shares, for a total amount of €31,200,864.

Taking into account the shares which have been repurchased for the employee participation plans 2019 and 2020, the total amount of the share buyback programme shall be approximately €33 million.
Of the approximately €3 million that is related to the share buyback for the employee participation plans, some €1.8 million has been spent in 2019 for the plans of that year. This entails that at this moment repurchases will still take place for approximately €1.8 million to finalise the share buyback programme.


More information about the purchase programmes is available on the ForFarmers website www.forfarmersgroup.eu/en.

This press release contains information that qualifies as inside information in the sense of Article 7 paragraph 1 of the EU Market Abuse Regulation.

Download the weekly report regarding progress of share buy-back programme (including the individual transactions)

Note to the editor / For additional information:

Caroline Vogelzang, Director Investor Relations & Communications
T: 0031 573 288 194 M: 0031 6 10 94 91 61
E: caroline.vogelzang@forfarmers.eu

About ForFarmers N.V.
ForFarmers N.V. is an international organisation that offers complete and innovative feed solutions for livestock farming. With its “For the Future of Farming” mission, ForFarmers is committed to the continuity of farming and further sustainalising the agricultural sector.

ForFarmers is the market leader in Europe with annual sales of 10.1 million tonnes of animal feed. The company is operating in the Netherlands, Germany, Belgium, Poland and the United Kingdom. ForFarmers has approximately 2,600 employees. In 2019, the turnover amounted to approximately € 2.5 billion.
ForFarmers N.V. is listed on Euronext Amsterdam.


ForFarmers N.V., P.O. Box 91, 7240 AB Lochem, T: +31 (0)573 28 88 00, F: +31 (0)573 28 88 99, info@forfarmers.eu, www.forfarmersgroup.eu