Nets A/S: Transactions in connection with share bu
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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' 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.
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