Release details

2017-05-22 14:39 CEST
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Nets A/S: Transactions in connection with share buyback programme

Company announcement
No. 16/2017
 

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 15 May 2017 to 21 May 2017:

  Number of shares Average purchase price, DKK Transaction value, DKK
15 May 2017 19,016 137.28 2,610,605.86
16 May 2017 24,770 136.97 3,392,865.80
17 May 2017 37,258 135.19 5,037,076.68
18 May 2017 100,491 132.63 13,328,111.28
19 May 2017 7,500 133.15 998,595.00
Accumulated for the period 189,035 134.19 25,367,254.61
Accumulated under the programme 631,353 125.55 79,264,893.97

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 634,019 treasury shares corresponding to 0.316% 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 also made in respect of the EUR 400,000,000 2.875 % senior secured notes due 2024 issued by Nassa Topco AS and admitted for trading on the Global Exchange Market of the Irish Stock Exchange.

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