Shurgard annouces a share buyback program (the “Program”) as approved by its board of directors
on 29 April 2019 under the authorisation given by the extraordinary general meeting of shareholders
of the Company on 26 September 2018 and in compliance with article 5(1) of EU Regulation n°
596/2014, under the following conditions:
- The shares acquired under the Program will allow the Company to fulfill its obligations to
deliver shares in relation with the exercise of stock options.
- The maximum pecuniary amount allocated to the Program will be EUR 14 million (fourteen
- The maximum number of shares to be acquired is 400,000 (four hundred thousand).
- The maximum duration of the Program shall be from 13 May 2019 until 15 October 2019
(the “Duration of the Program”).