DGAP-Ad-hoc: Zalando SE / Key word(s): Share Buyback
Financial Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No. 596/2014 and at the same time Disclosure according to Art. 5 para. 1 lit. a) Regulation (EU) No. 596/2014 and Art. 2 para. 1 of Commission delegated Regulation (EU) No. 2016/1052 // Share Buy-back
The buy-back shall be executed through the stock exchange and in line with the authorization of the Company's Annual General Meeting 2020, and in line with the safe harbour requirements of buy-back programs set forth by Regulation (EU) No. 596/2014 (Market Abuse Regulation) and Commission Delegated Regulation (EU) No. 2016/1052 of 8 March 2016 (Delegate Regulation).
The share repurchases will be carried out by an independent bank which will make its trading decisions regarding the exact timing of the purchases of shares independently of, and without any influence by, the Company. The bank is obliged to comply with the trading conditions of Art. 3 of the Delegated Regulation and the provisions contained in this share buy-back program.
Information on the transactions relating to the buy-back program will be published according to Art. 2 of the Delegated Regulation and will be made available on the Company's website under www.corporate.zalando.com/en/investor-relations.
Person making the notification: Dr. Martin Hager, Team Lead Capital Markets Law
20-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1271156|
|End of Announcement||DGAP News Service|
1271156 20-Jan-2022 CET/CEST