Heineken N.V. reports the progress of transactions under its current share buyback programme
Heineken N.V. reports the progress of transactions under its current share buyback programme Amsterdam, 17 February 2025 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) hereby reports transaction details related to the first €750 million tranche of its €1.5 billion share buyback programme as communicated on 12 February 2025. From 13 February 2025 up to and including 14 February 2025 a total of 26,603 shares was repurchased on exchange at an average price of € 79.26. During the same period, 13,334 shares were repurchased from Heineken Holding N.V.. Up to and including 14 February 2025, a total of 39,937 shares was repurchased under the share buyback programme for a total consideration of € 3,162,877 (including shares repurchased from Heineken Holding N.V.). Heineken N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.theheinekencompany.com/investors/share-information/share-buyback-programme
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Christiaan Prins
Tristan van Strien
Director of Global Communication
Global Director of Investor Relations
Marlie Paauw
Lennart Scholtus / Chris Steyn
Corporate Communications Lead
Investor Relations Manager / Senior Analyst
E-mail: pressoffice@heineken.com
E-mail: investors@heineken.com
Tel: +31-20-5239355
Tel: +31-20-5239590
Regulatory informationThis press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.
Editorial information:HEINEKEN is the world's most international brewer. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN's over 85,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn and Instagram.
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Notice on Public Offering of Subordinated Bonds of Bigbank AS
Bigbank AS (registry code 10183757, address Riia tn 2, Tartu, 51004) ('Bigbank') hereby announces a public offering (the 'Offering') of its unsecured subordinated bonds. The Offering is conducted pursuant to the prospectus (the 'Prospectus') prepared by Bigbank and registered by the Estonian Financial Supervision and Resolution Authority ('EFSA') on 9 June 2025. The Prospectus, which provides further details, has been disclosed on the date of this announcement on the websites of Bigbank and the EFSA. During the Offering, bonds will be issued as part of the first series in Bigbank's unsecured subordinated bond programme (the "Programme"). Through the Offering, Bigbank aims to raise up to 3 million euros, with the option to increase the amount to up to 8 million euros. Under the Programme, Bigbank has the potential to raise a total of up to 25 million euros. Main terms of the Offering During the Offering, Bigbank will offer up to 3,000 unsecured subordinated bonds titled 'EUR 6.50 BIGBANK ALLUTATUD VÕLAKIRI 25-2035,' each with a nominal value of 1,000 euros and a maturity date of 27 June 2035. Bigbank will pay interest on the bonds quarterly at a fixed rate of 6.5% per annum. In the event of oversubscription, Bigbank has the right to increase the number of bonds offered by an additional 5,000 bonds, bringing the total amount offered to up to 8,000 bonds. Bigbank also reserves the right to cancel the Offering for any portion of the bonds that are not subscribed. The unsecured subordinated bonds are offered at a price of 1,000 euros per bond. The bonds will be registered in the Estonian Register of Securities, operated by Nasdaq CSD Estonian Branch ('Nasdaq CSD'), under ISIN code EE0000001501. The subscription period for the bonds will begin on 10 June 2025 at 10:00 and end on 19 June 2025 at 15:30. The Offering will be directed to both retail and qualified investors in Estonia, Latvia, and Lithuania. The public offering of the unsecured subordinated bonds will be conducted exclusively in Estonia, Latvia, and Lithuania, and not in any other jurisdiction. Additionally, Bigbank may offer the bonds on a non-public basis in all European Economic Area member states, in accordance with the exemptions set out in Article 1(4) of Regulation (EU) 2017/1129. A subordinated bond represents an unsecured debt obligation of Bigbank to the investor. The subordination of the bonds means that, in the event of liquidation or bankruptcy of Bigbank, claims arising from the subordinated bonds will only be settled after the full satisfaction of all unsubordinated, recognised claims, in accordance with applicable law. Additionally, holders of subordinated bonds must consider the risk of write-down or conversion of liabilities and claims (bail-in risk). Specific details of the Offering are set out in the Prospectus and the Prospectus Summary. The indicative timetable of the Offering is as follows: Subscription period starts 10 June 2025 at 10:00 (Tallinn time) Subscription period ends 19 June 2025 at 15:30 (Tallinn time) Announcement of the Offering results On or about 20 June 2025 Settlement of the Offering On or about 27 June 2025 First trading day On or about 30 June 2025Submitting subscription undertakings To subscribe for the bonds during the Offering, an investor must have a securities account with a Nasdaq CSD account operator or a financial institution that is a member of the Nasdaq Riga or Nasdaq Vilnius Stock Exchange. An Estonian investor wishing to subscribe for the bonds should contact the securities account operator managing their account and submit the subscription undertaking during the offering period. A Latvian or Lithuanian investor wishing to subscribe for the bonds should contact the relevant financial institution and submit the subscription undertaking in the format and manner prescribed by the financial institution, in accordance with the terms of the Prospectus. By submitting the subscription undertaking, an investor authorises the account operator or the relevant financial institution managing the investor's current account linked to their securities account to immediately block the full transaction amount on the investor's current account until settlement is completed or funds are released in accordance with the terms set out in the Prospectus. Listing and admission to trading of unsecured subordinated bonds of Bigbank Bigbank will submit an application to Nasdaq Tallinn AS for the listing and admission to trading of all bonds issued under the Programme on the Baltic Bond List of the Nasdaq Tallinn Stock Exchange. The expected date of listing and admission to trading is on or about 30 June 2025. While every effort will be made and due care will be taken to ensure the listing and admission to trading of the unsecured subordinated bonds, Bigbank cannot guarantee that the bonds will be listed and admitted to trading. Availability of the documentation of the Offering The Prospectus, along with the Prospectus Summary, the Terms and Conditions, and the Final Terms of the bonds, has been published and can be obtained in electronic form on Bigbank's website at and the website of the EFSA at Additionally, the translations of the Prospectus Summary into Estonian, Latvian, and Lithuanian are available in electronic format on Bigbank's website at Before investing in Bigbank's unsecured subordinated bonds, we ask that you thoroughly review the Prospectus, the Prospectus Summary, the Terms and Conditions, and the Final Terms of the bonds. If necessary, please consult with an expert. Argo Kiltsmann Member of the Management Board Telephone: +372 5393 0833 Email: information This notice is an advertisement for securities within the meaning of the Regulation No 2017/1129/EU of 14 June 2017 of the European Parliament and of the Council European Parliament and does not constitute an offer to sell subordinated bonds or an invitation to subscribe to subordinated bonds. Each investor should make any decision to invest in the bonds solely based on the information contained in the Prospectus, the Prospectus Summary, the Terms and Conditions, and the Final Terms of the bonds. The approval of the Prospectus by the Financial Supervision and Resolution Authority is not considered to be a recommendation for Bigbank's subordinated bonds. The information contained in this notice is not intended to be published, distributed or transmitted, in whole or in part, directly or indirectly, in any country or under any circumstance where publication, sharing or transmission would be unlawful or to any persons to whom the competent authorities have applied financial sanctions. Bigbank's unsecured subordinated bonds will be publicly offered only in Estonia, Latvia, and Lithuania, and the sale or offer of the bonds shall not take place in any jurisdiction where such offer, invitation or sale would be unlawful without the exception or qualification of law or to any persons to whom the competent authorities have applied financial sanctions. The unsecured subordinated bonds are offered solely based on the Prospectus, the Prospectus Summary, the Terms and Conditions, and the Final Terms of the bonds, and the Offering is intended only for the persons to whom the Prospectus is directed. The present notice is not reviewed or confirmed by any supervisory authority, and it does not constitute a Bigbank-AS_Base-Prospectus_T2_2025_EN Bigbank-AS_Summary_First-Tranche_T2_June-2025_EN Bigbank-AS_Final-Terms_First-Tranche_T2_June-2025_EN Bigbank-AS_Terms-and-Conditions_T2_2025_EN
