Brussels – Orange Belgium announces today it has decided not to renew its current liquidity contract with Rothschild & Cie Banque and that is has entered into a liquidity contract with Kepler Cheuvreux to manage the liquidity of Orange Belgium’s shares traded on the regulated market of Euronext Brussels (ISIN BE0003735496). The contract starts on 1 August 2019 for a period of three years. Orange Belgium is allocating €2,000,000 (two million euros) to the liquidity account. The extraordinary general meeting of Orange Belgium of 2 May 2019 authorized the company to buy its own shares during a period of 5 years as from 2 May 2019. Kepler Cheuvreux will act entirely independently, in its own name but for the account of Orange Belgium.
The liquidity contract will be executed in compliance with regulation regarding liquidity contracts which includes:
Operations under the liquidity contract may be suspended:
The Liquidity contract may be terminated by both parties at any time with a prior notice of thirty (30) calendar days.
Transactions under the liquidity contract will be reported on a weekly basis and will be available in the “Shareholders & Investors” section of Orange Belgium’s website.
About Orange Belgium
Orange Belgium is one of the leading telecommunication operators in Belgium and in Luxembourg through its subsidiary Orange Communications Luxembourg.
As a convergent player, we provide mobile telecommunication services, internet and TV to private clients, as well as innovative mobile and fixed line services to businesses. Our high-performance mobile network supports 2G, 3G, 4G and 4G+ technology and is the subject of ongoing investments.
Orange Belgium is a subsidiary of Orange Group, one of the world’s leading telecommunications operators with a presence in 27 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services
Orange Belgium is listed on the Brussels Stock Exchange (OBEL).
More information on: corporate.orange.be, www.orange.be or follow us on Twitter: @pressOrangeBe.
Investor & analyst contacts
Ana Castaño Lopez +32 468 46 95 31
Eric Chang +32 495 55 98 17