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Ontex Enters into Liquidity Contract

Rothschild Martin Maurel will trade Ontex shares on behalf of Ontex

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By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Ontex Group NV announced that it has entered into a liquidity contract with Rothschild Martin Maurel. Rothschild Martin Maurel will trade Ontex shares on behalf and for the account of Ontex. The trading of own shares requires board approval in accordance with Article 13 in the Articles of Association, which was granted at the board meeting on November 6, 2018.

At the start of the contract, Ontex has made €9 million available. Rothschild Martin Maurel will start trading Ontex shares as from December 12, 2018. Reporting of the transactions will be communicated on a weekly basis and will be available at: http://www.ontexglobal.com/share-information.

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