Ercros announces its second share repurchase program

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Barcelona, July 26, 2017. - Pursuant to article 228 of Royal Decree 4/2015 of October 23, approving the consolidated text of the Securities Market Law, Ercros, S.A. (hereinafter "Ercros" or "the Company"), hereby announces the following:


At its meeting held on July 26, 2017, the board of directors of Ercros has agreed to carry out the second program for repurchase of treasury shares (the “repurchase program”) under the authorization granted to it by the ordinary general shareholders’ meeting held on June 23, 2017, and in accordance with the internal code of conduct in relation to securities market of the Company (“the ICC”), as well as Regulation (UE) 596/2014 of the European Parliament and of the Council, of April 16, 2014, and the Delegated Regulation (UE) 2016/1052 of the Commission, of March 8, 2016 (jointly, the last two, “the regulation”), in the following terms:

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