Netcompany - Transactions in connection with share buyback programme
Company announcement
No. 17/2022
12 May 2022
Transactions in connection with share buyback programme
On 5 May 2022, Netcompany Group A/S (“Netcompany”) announced that a share buyback programme of up to DKK 50m and a maximum of 200,000 shares had been initiated with the purpose of meeting Netcompany’s future commitments under its LTIP programmes (RSU). The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share buyback programme will end no later than 30 June 2022.
Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis.
The following transactions have been executed in the period 5 May 2022 to 11 May 2022:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 05-05-2022 | 7,000 | 407.50 | 2,852,500 |
| 06-05-2022 | 8,000 | 371.08 | 2,968,640 |
| 09-05-2022 | 8,000 | 345.44 | 2,763,520 |
| 10-05-2022 | 8,700 | 351.26 | 3,055,962 |
| 11-05-2022 | 6,000 | 371.01 | 2,226,060 |
| Accumulated for the period | 37,700 | - | 13,866,682 |
| Accumulated under the programme | 37,700 | - | 13,866,682 |
Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix.
Following the above transactions and vesting of RSU’s, Netcompany owns a total of 763,702 treasury shares corresponding to 1.53% of the total share capital.
Additional information
For additional information, please contact
| Netcompany Group A/S Thomas Johansen, CFO Tine Kosmider Boye, General Counsel | +45 51 19 32 24 +45 24 91 75 33 |
Attachments
