Eleving Group S.A. Announces Share Buy-Back Programme

Eleving Group S.A. has announced the introduction of a share buy-back programme. This decision, made by the Management Board on June 29, 2026, follows the authority given by the Annual General Meeting on May 27, 2026. The buy-back will focus on ordinary shares, trading on Nasdaq Riga and the Frankfurt Stock Exchange.

The programme allows for the acquisition of up to 5,855,440 shares, equating to approximately 5% of the issued share capital. The maximum budget allocated for this initiative is EUR 5,000,000, excluding ancillary costs. The purchase price will be determined by the higher of the last independent trade price or the highest current independent bid on Nasdaq Riga.

Starting July 1, 2026, and ending June 30, 2028, the programme aims to reduce capital through share cancellation and support employee incentive plans. Transactions will occur on-exchange, with the potential of OTC block transactions following compliance guidelines. An independent broker may facilitate trades during closed periods under specific conditions.