SHARE PURCHASE AGREEMENT
The General Meeting of QUADPACK INDUSTRIES, S.A. dated 21 July 2016 agreed to purchase 167,219 of own shares. The seller was one of the shareholders: Mr. Lenglart. The payment will be carried out over a number of terms.
The object of this purchase is to have own shares in the Company Stock to offer a Stock option Plan to employees, managers and members of the Board of QUADPACK GROUP.
In compliance with the provisions of the Implementing Regulation (EU) 2016/523 of the Commission on 10 March 2016 with respect to the transactions by Managers and Directors with the Company, it is necesary to inform that the seller was an actual shareholder of the Company.
The total value and volume of the transaction was: 857,171 Euros.