UIE’s Share buy-back programme

As stated in UIE’s Annual Report 2020, UIE has resolved to initiate a new buy-back programme with the intention of acquiring up to 4% of its share capital before the end of 2022, so long as the shares continue to be traded at a material holding discount. The share buy-back programme is initiated pursuant to the authorisation granted at the Annual General Meeting in May 2020.

UIE has decided that the share buy-back will be carried out in two parallel programmes; a safe harbour programme and a block trade programme.