Park Street A/S – New share buyback program
Park Street A/S – New share buyback program
Transactions during 24 March 2022 – 31 March 2022
On 25 February 2022, Park Street A/S announced a share buy-back programme, as described in Company Announcement dated 25-02-2022. The programme is carried out in compliance with the provisions of Regulation No 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation – MAR) and delegated legislation under MAR; except for the limitation of implementing the authorized buy-back of the Company’s shares within the 25% daily trading volume, due to the low levels of market liquidity in the Company’s shares. According to the programme, Park Street A/S will repurchase Class A and Class B shares for up to DKK 250m. The programme is taking place during the period from 24 March 2022 – 31 March 2022.
The following transactions were made under the share buy-back programme during 24 March 2022 – 31 March 2022:
| Number of shares bought | Average transaction price | |
| Accumulated, last announcement | 300,356 | |
| 24-Mar-22 | - | - |
| 25-Mar-22 | - | - |
| 28-Mar-22 | - | - |
| 29-Mar-22 | - | - |
| 30-Mar-22 | 9,000,000* | 16.65 |
| 31-Mar-22 | - | - |
| Total, 24 Mar 2022 -31 March 2022 | ||
| Accumulated under the programme | 9,300,356 |
(*) Unlisted Class B shares
Enquiries regarding this announcement should be addressed to:
Pradeep Pattem, CEO at [email protected]
Company Website: www.psnas.com
Telephone Number: +45 33 33 93 03
