DGB Group N.V. (“DGB” or “the Group”) (Euronext: DGB: NL000916951), a leading carbon project developer and ecosystem restoration company, announces the successful completion of its share buy-back programme conducted over the past six months. During this period, 5.7 million shares were repurchased, fully achieving the set target. This represents a significant step in the optimisation of DGB's financial structure.
Key highlights
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Programme duration: The buy-back programme commenced on 28 June 2024, and was completed as planned six months later on 27 December 2024.
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Scope of share buy-back: The programme aimed to repurchase up to 5.7 million ordinary shares, representing 50% of DGB's issued share capital, including both listed and unlisted shares. A total of 5.7 million shares were repurchased, achieving 100% of the target. The total financial scope of the buy-back programme was €5.56 million.
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Summary of share buy-back: A total of 5,525,000 unlisted shares were acquired through the redemption of loan notes, contributing to the optimisation of DGB's financial structure. Shares traded on the open market were repurchased at prices ranging from €0.62 to €0.90.
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Regulatory compliance: All share buy-back activities were conducted in strict compliance with the Market Abuse Regulation (EU) No. 596/2014 and the Commission Delegated Regulation (EU) 2016/1052.
The successful completion of the share buy-back programme highlights DGB’s strategic approach to capital management. The programme was specifically designed to meet obligations under the employee share option and incentive programme, enhance long-term shareholder value and optimise DGB's financial structure.
For further details about the share buy-back programme, visit the Investor Relations section of DGB’s website: www.green.earth/invest/investor-relations.
Contact details
DGB GROUP NV
press@green.earth
+31320788118
About DGB Group
DGB is a project developer of high-quality, large-scale carbon and biodiversity projects accredited by third parties. The Group is focused on nature conservation and helping biodiversity flourish by assisting governments and corporations in achieving net zero. Global megatrends drive the demand for carbon units and underpin growth opportunities. DGB GROUP NV is a public company traded on the main Dutch stock exchange Euronext Amsterdam under the ticker symbol AEX:DGB and ISIN-code NL0009169515. www.green.earth
Disclaimer
This press release does not contain an (invitation to make an) offer to buy or sell or otherwise acquire or subscribe to shares in DGB and is not an advice or recommendation to take or refrain from taking any action. This press release contains statements that could be construed as forward-looking statements, including about the financial position of DGB, the results it achieved and the business(es) it runs. Forward-looking statements are all statements that do not relate to historical facts. These statements are based on information currently available and forecasts and estimates made by DGB’s management. Although DGB believes that these statements are based on reasonable assumptions, it cannot guarantee that the ultimate results will not differ materially from those statements that could be construed as forward-looking statements. Factors that may lead to or contribute to differences in current expectations include, but are not limited to: developments in legislation, technology, tax, regulation, stock market price fluctuations, legal proceedings, regulatory investigations, competitive relationships and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statement or the actual results of DGB are discussed in the annual report. The forward-looking statements in this document speak only as of the date of this document. Subject to any legal obligation, DGB assumes no obligation or responsibility to update the forward-looking statements contained in this document, whether related to new information, future events or otherwise. The provision of DGB’s services and products is subject to its General Terms and Conditions.
