Nets A/S: Transactions in connection with share buyback programme

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Company announcement No. 12/2017 Transactions in connection with share buyback programme On 6 April 2017, Nets A/S ("Nets") announced that a share buyback programme of up to 1,200,000 shares had been initiated for the purpose of hedging Nets' ...

Company announcement
No. 12/2017

 

 

 
 

Transactions in connection with share buyback programme

On 6 April 2017, Nets A/S ("Nets") announced that a share buyback programme of up to 1,200,000 shares had been initiated for the purpose of hedging Nets' long-term incentive programmes. Purchases of shares under the buyback programme are carried out in accordance with the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Regulation") and will end no later than 31 July 2017. 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 24 April 2017 to 30 April 2017:

  Number of shares Average purchase price, DKK Transaction value, DKK
24  April 2017 10,460 119.79 1,253,015.95
25 April 2017 20,610 120.25 2,478,371.05
26 April 2017 12,110 122.93 1,488,739.22
27 April 2017 15,892 123.64 1,964,880.52
28 April 2017 19,500 123.89 2,415,917.40
Accumulated for the period 78,572 122.19 9,600,924.14
Accumulated under the programme 271,023 117.40 31,817,271.73

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

Following the above transactions, Nets owns a total of 273,689 treasury shares corresponding to 0.137% of the total share capital.

For additional information, please contact

For media enquiries:
Karsten Anker Petersen, Head of Communications, at +45 44 89 78 83 or kapet@nets.eu

For investor enquiries:
Lars Oestmoe, Head of M&A and IR, at +47 91 34 71 77 or lostm@nets.eu

Information on Nets
Nets is a leading provider of digital payment services and related technology solutions across the Nordic region. Nets sits at the centre of the digital payments ecosystem and operates a deeply entrenched network, which connects merchants, corporate customers, financial institutions and consumers enabling them to make and receive payments as well as, increasingly, utilise value-added services to help them improve their respective activities.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nets A/S via Globenewswire

Source(s) : Nets A/S

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