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 29 May 2017 to 02 June 2017:
|Number of shares||Average purchase price, DKK||Transaction value, DKK|
|29 May 2017||13,591||134.59||1,829,222.20|
|30 May 2017||92,233||133.35||12,299,501.13|
|31 May 2017||49,167||132.09||6,494,478.86|
|01 June 2017||40,500||132.42||5,362,949.25|
|02 June 2017||34,009||130.58||4,440,759.18|
|Accumulated for the period||229,500||132.58||30,426,910.63|
|Accumulated under the programme||917,961||127.86||117,368,044.77|
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 920,627 treasury shares corresponding to 0.459% 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 email@example.com
For investor enquiries:
Lars Oestmoe, Head of M&A and IR, at +47 91 34 71 77 or firstname.lastname@example.org
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.