Business News
Xeikon clarifies that repurchase of own shares will not result in Belgian taxation for Belgian-resident individuals
Wednesday 09. October 2013 - Xeikon N.V. ('Xeikon') clarifies that the current repurchase by Xeikon of own shares will not result in taxation in Belgium for Belgian-resident individuals selling their shares.
Xeikon hereby wishes to clarify, on the basis of a declaration of intent issued by the Belgian tax ruling commission, that no Belgian income tax (whether or not in the form of withholding tax) will be levied on payments to Belgian-resident individuals who sell their Xeikon shares to Xeikon.
This press release complements the press release issued by Xeikon on 20 September 2013 regarding, amongst others, the repurchase by Xeikon of its shares, and should be read in its entirety with that press release. This press release is for informative purposes only and is not intended and may not be construed as an offer to sell or a request to purchase or subscribe to any securities in Xeikon N.V.