Codere reports first results from new liquidity agreement

The transactions reported as 'Relevant Facts' by Spain’s National Securities Market Commission (CNMV in Spanish), carried out in the period between December 11, the agreement's effective date, and December 31, were as follows:

• 111,176 shares were purchased for EUR 393,802 (USD 451,628) at an average price of EUR 3.54 (USD 4.05);
• 107,072 shares were sold for EUR 386,798 (USD 443,595) at an average price of EUR 3.61 (USD 4.14);
• the final balance was 129,209 shares and a total amount of 489,120 euros (USD 560,942)

On November 20, 2018, Codere entered into a liquidity agreement with JB Capital Markets aimed at 'favoring liquidity and share prices regulation.' The deal became effective on December 11 and it will expire 12 months after the execution date – November 21.

The company reported as a 'relevant fact' to the CNMV, a summary of the transactions carried out pursuant to the liquidity agreement during Q4 2018, covering the period between December 11 -the effective date of the agreement – and December 31.

The document details the purchase of 111,176 shares for a total amount of EUR 393,802.04 (USD 451,628), at an average price of EUR 3.54 (USD 4.05); and the sale of 107,072 for EUR 386,798 (USD 443,595) at an average price of EUR 3.61 (USD 4.14)