News
EXTRAORDINARY INFORMATION - on the purchase of own shares within the framework of the share buyback program of CIG Pannónia Life Insurance Plc.
2026. 06. 04.

CIG Pannonia Life Insurance Private Limited Company (registered office: H-1097 Budapest, Könyves Kálmán körút 11.B, company registration nr.: 01 10 045857, hereinafter referred to as Company) hereby informs its Esteemed Shareholders and the other participants of the capital market that the Board of Directors – in accordance with the General Meeting Resolution No. 9/2026. (IV.20.) – has approved the purchase of dematerialized ordinary shares issued by the Company with a nominal value of HUF 33, i.e. thirty-three forints, ISIN code HU0000180112, for the purpose of operating share-based incentive systems (ensuring the benefits of the MRP organization).

The shares are purchased through a Share Buyback Program (Program) as defined in Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council (MAR), which our Company will fully disclose prior to the launch of the Program and the commencement of trading.

Under the Program, purchases are made on the Budapest Stock Exchange according to trading offers - subject to the limit set out in the general meeting authorization - at the current market price, up to a maximum of 20% of the daily stock exchange turnover, using an investment service provider, will start on the 5th stock exchange trading day of June 2026 and will last until withdrawal, but up to the acquisition of 300,000 ordinary shares.

The lowest amount of the consideration was determined as the amount according to the closing price registered by the Budapest Stock Exchange on the day preceding the transaction date, reduced by ten (10) percent, while the highest amount was determined as the amount according to the closing price registered by the Budapest Stock Exchange on the day preceding the transaction date, increased by ten (10) percent. Transactions concluded on a given stock exchange trading day are announced and made public as part of this program.

The sole purpose of the Program is to provide share grants to the MRP organization in order to operate the management interest system, in accordance with Article 5(2)(c) of MAR.

 

CIG Pannonia Life Insurance Plc.

Management Board