Nets A/S: Transactions in connection with share buyback programme
| Company announcement |
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 22 May 2017 to 28 May 2017:
|Number of shares||Average purchase price, DKK||Transaction value, DKK|
|22 May 2017||16,377||134.79||2,207,514.79|
|23 May 2017||13,290||134.48||1,787,273.75|
|24 May 2017||27,441||134.16||3,681,451.63|
|Accumulated for the period||57,108||134.42||7,676,240.17|
|Accumulated under the programme||688,461||126.28||86,941,134.14|
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 691,127 treasury shares corresponding to 0.345% of the total share capital.
For additional information, please contact
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Karsten Anker Petersen, Head of Communications, at +45 44 89 78 83 or email@example.com
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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.