Better Collective – Share buyback program
On 21 May 2024 Better Collective A/S (“the Company”) initiated a share buyback program for up to 2.4 mEUR, to be executed during the period from 22 May 2024 to 3 July 2024.
Regulatory release 24/2024
Reference is made to the regulatory release no. 22/2024 “Initiation of Share Buy-Back program of up to 2.4 mEUR related to AceOdds acquisition” published on 21 May 2021. The following transactions have so far been executed under the program:
Date | Number of shares | Average weighted purchase price (DKK per share) | Amount (DKK) | Trading venue |
22 May 2024 | 4,960 | 167.7032 | 831,808 | Nasdaq Copenhagen |
23 May 2024 | 10,000 | 160.8895 | 1,608,895 | Nasdaq Copenhagen |
24 May 2024 | 11,000 | 157.5979 | 1,733,577 | Nasdaq Copenhagen |
27 May 2024 | 13,000 | 161.9504 | 2,105,355 | Nasdaq Copenhagen |
28 May 2024 | 15,000 | 163.0861 | 2,446,292 | Nasdaq Copenhagen |
Accumulated under the program following above purchases: | 53,960 | 8,725,927 |
The above transactions have been conducted by ABG Sundal Colliar on behalf of the Company. Following the above purchases, Better Collective A/S holds 53,960 treasury shares corresponding to approx. 0.09 % of the outstanding share capital of the Company. The total share capital of the Company amounts to nominally EUR 628,995.05 made up of 62,899,505 shares of EUR 0.01 each. Purchases for an amount of up to approx. EUR 1,231,000 remain to be executed under the program.
The share buy-back program is not made under or in reliance on the exemption in article 5(1) of the Regulation (EU) no. 596/2014 (also referred to as the “Market Abuse Regulation”) or the Commission Delegated Regulation (EU) 2016/1052 (also referred to as the “Safe Harbour Regulation”).