Netcompany - Transactions in connection with share buyback programme

Source: GlobeNewswire
Netcompany - Transactions in connection with share buyback programme

Company announcement
No. 22/2022

                                                                                                             16 June 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 9 June 2022 to 15 June 2022:

  Number of shares Average purchase price, DKK Transaction value, DKK
09-06-2022 2,000 429.64 859,280
10-06-2022 2,500 409.90 1,024,750
13-06-2022 3,500 385.21 1,348,235
14-06-2022 7,000 373.40 2,613,800
15-06-2022 7,000 372.13 2,604,910
Accumulated for the period 22,000 - 8,450,975
Accumulated under the programme 111,600 - 42,663,855

Detailed information on all transactions under the share buyback programme during the period is included in the attached appendix.

Following the above transactions, Netcompany owns a total of 837,602 treasury shares corresponding to 1.68% 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