PRESS RELEASE
Luxembourg, 28th of July 2026
BIANNUAL BUYBACK OFFER RESULTS
21,879 SHARES TENDERED BY SHAREHOLDERS
On 17th of June 2026, Velcan Holdings (the Company) offered to its shareholders to buyback 100,000 shares at Eur14.13 per share, under the new biannual mechanism adopted by the extraordinary general meeting held on 16th of June 2026. In application of his new mechanism, the offer price was Eur14.13, based on the company's NAV as of 11th of June 2026, after a 51.5% discount.
The deadline for the participating Shareholders to send their sale orders via their financial intermediaries / custodians to the centralizing agent (ABN AMRO) was on 23 July at 17:40 CEST.
A total of 21,879 shares has been tendered by shareholders and will be bought back by the Company, for a total of EUR 309,150.27. The settlement date is the 29th of July 2026, when the Company will effectively pay the price against the delivery of the shares.
The objective of this new biannual buyback scheme is to allow shareholders who cannot find liquidity in the market to sell their shares. The results of this first implementation show that it fulfils a real demand: the 21,879 shares tendered largely exceed the monthly average of 15,852 shares traded on the market in 2026.
All the shares purchased within the framework of this offer will be cancelled and the Company's share capital will be reduced accordingly by 30th of September 2026.
The complete Offer Information Document is available at: http://www.velcan.lu/investors/reports-accounts/
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Investor Relations Contact investor@velcan.lu
About Velcan Holdings:
Velcan Holdings is an investment holding company founded in 2005, managing a global portfolio of participations and investments.
The company was launched more than 15 years ago by its reference shareholder LHP SA, owned by Velcan Holdings' management team.
Velcan Holdings is listed on the unregulated Euro MTF Stock Market in Luxembourg (Ticker VLCN/ISIN FR0010245803). Velcan Holdings never performed any Public Offer as understood under Directive 2003/71/CE of the European Parliament and Council.
Disclaimer
This press release contains prospective information about the potential of the projects in progress and/or of the projects of which the development has begun. This information constitutes objectives attached to projects and shall not be construed as direct or indirect net income forecast of the concerned year. Reader's attention is also drawn on the fact that the performance of these objectives depends on future circumstances and that it could be affected and/or delayed by risks, known or unknown, uncertainties, and various factors of any nature, notably related to economic, commercial or regulatory conjuncture, which occurrence could be likely to have a negative impact on future activity and performances of the Group.
This announcement does not constitute a public offering ("offre au public") nor an invitation to the public or to any qualified investor in connection with any offering. This announcement is not an offer of securities in the United States of America or in any other jurisdiction/country.
