EVS Broadcast Equipment: Update of Share BuyBac...

Publication on February 18, 2020, 6.00pm CET
Regulated information – reporting share buyback
EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)

EVS reports update of share buyback program and

publish a transparency notification

(Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings)

EVS Broadcast Equipment reports that the following transactions, conducted within the framework of the share buyback program announced on October 24, 2018, took place between February 10, 2020 and February 14, 2020.

Date	Number of shares acquired	Average price (EUR)	Total (EUR)
10/02/2020	0	-	-
11/02/2020	104	20.9000	2,174
12/02/2020	2,500	20.9500	52,375
13/02/2020	1,743	20.7848	36,228
14/02/2020	2,320	20.8062	48,270

As of February 14, 2020, and since the start of the buyback program, EVS has bought 356,058 shares at an average price of EUR 20,9570, representing in total EUR 7,461,895.

After aforementioned transactions the total number of own shares amounts now to 434,706 shares as of February 14, 2020 (including 93,144 shares already held by the company before the start of the share buyback program and taking into account the 14,496 shares distributed as part of the employees profit sharing plan as approved by the May 2019 OGM ) .

Through the execution of this share buyback program, EVS Broadcast Equipment crossed up the threshold of 3% on February 12, 2020. Taking into account the additional share bought back on February 13th and February 14th 2020, EVS now holds, by virtue of acquisitions of shares, 3.03% of the voting rights of the company as of February 17th.

EVS broadcast Equipment has then issued a Transparency notification dated February 17, 2020, which contains the following information:

Reason for the notification: acquisition or disposal of voting securities or voting rights
Notification by: a person that notifies alone
Persons subject to the notification requirement: EVS Broadcast Equipment SA. – Rue Bois St-Jean, 13 – 4102 Seraing

Transaction date: February 12, 2020
Threshold that is crossed (in %): 3%
Denominator: 14,327,024

Notified details (as of February 12^th)

A) Voting rights	Previous notification	After the transactions
	# voting rights	# voting rights		% voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
EVS Broadcast Equipment SA		430,643		3.01%
	TOTAL	430,643	0	3.01%	0.00%

B) Equivalent financial instruments	After the transactions
Holders of equivalent financial instruments	Type of financial Instruments	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
	TOTAL			0	0%

TOTAL (A & B)		# voting rights	% of voting rights
	TOTAL (A & B)	430,643	3.01%

Full chain of controlled undertakings through which the holding is effectively held: EVS Broadcast Equipment SA is not a controlled entity

Additional information from the notification:
Threshold crossed while executing on the share buyback program announced on Octobre 24, 2018.
Note that voting rights are suspended when own shares are owned by EVS.

Shareholders must declare their ownership in EVS shares as soon as their shareholding passes over/under the 3% threshold (required by Company Statutes) and any multiple of 5% thresholds (required by Belgian Law). Notifications of important shareholdings to be made according to the Law of May 2, 2007 and the EVS's bylaws, should be sent to the company (by email [e-mail] or fax [phone]) and to the FSMA. The current number of shares (denominator) to be taken into account is 14,327,024 shares.

This information is also available on EVS web site: https://evs.com/en/corporate/investor-relations/stock-info.

About EVS

EVS is globally recognized as the leader in live video technology for broadcast and new media productions. Our passion and purpose are to help our clients craft immersive stories that trigger the best return on emotion. Through a wide range of products and solutions, we deliver the most gripping live sports images, buzzing entertainment shows and breaking news content to billions of viewers every day – and in real-time. The company is headquartered in Belgium with offices in Europe, the Middle East, Asia and North America, and provides sales and technical support to more than 100 countries. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, please visit www.evs.com.

Contact:

Yvan ABSIL, CFO
EVS Broadcast Equipment S.A., Liege Science Park, 13 rue du Bois Saint-Jean, B-4102 Seraing, Belgium
Tel : [phone].  E-mail : [e-mail]; www.evs.com

Attachment

• Press release in PDF format