Company announcement

Announcement no. 8/2019
                                                                                                                                          

BankNordik share buy-back programme: Transactions week 7, 2019

On August 10, 2018 BankNordik announced a share buy-back programme. The programme is being carried out under Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (also referred to as the Safe Harbour rules), which ensures that BankNordik is protected against violation of insider legislation in relation to the share buyback programme.

The share buyback programme runs from 6 August 2018 to 30 March 2019. In this period BankNordik will acquire shares with a value of up to DKK 15.0 million, with a maximum of up to 10% of the company’s share capital.

Since the announcement as of 6 August 2018, the following transactions have been made under the program:

 Number of sharesAverage
purchase price
Transaction value in DKK
Accumulated, last announcement122,766111.0213,629,975
08 February1,000110.00110,000
11 February1,000110.80110,803
12 February1,000110.00110,000
13 February300110.5033,150
14 February300110.2833,085
Accumulated under the programme126,366111.0014,027,013

With the transactions stated above, BankNordik holds a total of 464,375 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 4.64% of the share capital.


In accordance with the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 the share buy-back transactions data is presented in detail form here:

FilledInstrumentPriceTraded onEx.
1000BNORDIK-CSE.CO110.0020190208 12:34:34.735613XCSE
 
FilledInstrumentPriceTraded onEx.
53BNORDIK-CSE.CO108.5020190211 10:01:45.199020XCSE
26BNORDIK-CSE.CO108.5020190211 10:02:13.244056XCSE
175BNORDIK-CSE.CO111.0020190211 13:56:51.201444XCSE
90BNORDIK-CSE.CO111.0020190211 13:56:51.201444XCSE
85BNORDIK-CSE.CO111.0020190211 13:56:51.220883XCSE
236BNORDIK-CSE.CO111.0020190211 15:01:58.523327XCSE
130BNORDIK-CSE.CO111.0020190211 15:06:13.753138XCSE
205BNORDIK-CSE.CO111.0020190211 15:17:36.657554XCSE
 
FilledInstrumentPriceTraded onEx.
289BNORDIK-CSE.CO110.0020190212 09:53:42.132748XCSE
100BNORDIK-CSE.CO110.0020190212 09:53:42.132748XCSE
200BNORDIK-CSE.CO110.0020190212 10:50:34.609708XCSE
411BNORDIK-CSE.CO110.0020190212 12:37:37.387643XCSE
 
FilledFilledFilledFilledFilled
150BNORDIK-CSE.CO110.5020190213 09:37:02.373291XCSE
150BNORDIK-CSE.CO110.5020190213 11:21:36.445074XCSE
 
FilledFilledFilledFilledFilled
65BNORDIK-CSE.CO109.5020190214 10:04:19.431245XCSE
235BNORDIK-CSE.CO110.5020190214 14:17:01.251001XCSE
 


Further information:
Árni Ellefsen, CEO, tel. (+298) 230 348


BankNordik has banking activities in Denmark, Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 16.7bn and 390 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.