Netcompany - Transactions in connection with share buyback programme
Company announcement
No. 11/2021
20 May 2021
Transactions in connection with share buyback programme
On 6 May 2021, Netcompany Group A/S (“Netcompany”) announced that a share buyback programme of up to DKK 50m and a maximum of 125,000 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 2 June 2021.
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 13 May 2021 to 19 May 2021:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 13-05-2021 | - | - | - |
| 14-05-2021 | - | - | - |
| 17-05-2021 | 5,800 | 646.60 | 3,750,280 |
| 18-05-2021 | 3,200 | 663.35 | 2,122,720 |
| 19-05-2021 | 3,500 | 663.82 | 2,323,370 |
| Accumulated for the period | 12,500 | - | 8,196,370 |
| Accumulated under the programme | 48,500 | - | 31,573,080 |
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 948,313 treasury shares corresponding to 1.9% of the total share capital.
Additional information
For additional information, please contact
Netcompany Group A/S
Thomas Johansen, CFO
Tine K. Boye, General Counsel
Attachments
