Luxembourg, 1st October 2018

SHARES REPURCHASE PROGRAMME
Authorized by the shareholders' meeting held on 28th June 2017
Implemented upon the decision of the Board of Directors dated 12th September 2018

DISCLOSURE OF PURCHASES
EFFECTED FROM 24th SEPTEMBER 2018 to 28th SEPTEMBER 2018

Market: Euronext Growth Paris
Type of shares: ordinary shares ISIN FR0010245803

Trading date Number of shares purchased Weighted average price (Eur) Amount of purchases (Eur) Purpose Market
24th September 2018 43 006 7.66 329 426 cancellation Euronext Growth Paris
25th September 2018 1 487 7.61 11 328 cancellation Euronext Growth Paris
27th September 2018 224 7.6 1 702 cancellation Euronext Growth Paris
28th September 2018 1 456 7.6 11 066 cancellation Euronext Growth Paris
Total 46 173 - 353 522 - -

Repurchase programme full description dated 12th September 2018 is available on Velcan's website

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Regulatory information available on                      www.velcan.lu

Investor Relations Contact                                         investor@velcan.lu