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Brief: Pepco Group Commences Second €50 Million Tranche Of Share Buyback Programme

Oct 28 (Reuters) - Pepco Group NV PCOP.WA:

WILL COMMENCE SECOND €50 MILLION TRANCHE OF SHARE BUYBACK PROGRAMME ON 28 OCTOBER

PURPOSE OF SHARE BUYBACK IS TO MEET OBLIGATIONS UNDER EQUITY INCENTIVE PLANS AND CAPITAL REDUCTION

MAXIMUM AMOUNT ALLOCATED TO SHARE BUYBACK IS €50 MILLION

AT CLOSING PRICE OF 24 OCTOBER, MAX. NUMBER OF SHARES TO BE ACQUIRED UNDER PROGRAMME IS 7,502,127 SHARES

MAX. PURCHASE PRICE PER SHARE EXCLUDING EXPENSES, WHICH COMPANY MAY PAY FOR EACH SHARE TO BE ACQUIRED, WILL BE AMOUNT EQUAL TO 110% OF MARKET PRICE OF ORDINARY SHARES

PROGRAMME IS INTENDED TO COMMENCE ON 28 OCTOBER 2025 AND WILL END NO LATER THAN 16 JANUARY 2026

Source text: ID:nEM4jl6hsa

Further company coverage: PCOP.WA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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