May 6 (Reuters) - Netcompany Group A/S NETCG.CO :
* REG-NETCOMPANY GROUP A/S - LAUNCH OF SHARE BUYBACK
PROGRAMME
* DECIDED TO INITIATE A SHARE BUYBACK PROGRAMME OF UP TO DKK
50M
FOR PURPOSE OF MEETING NETCOMPANY'S FUTURE COMMITMENTS UNDER ITS
LTIP PROGRAMMES (RSU)
* SHARE BUYBACK PROGRAMME IS LAUNCHED WITH REFERENCE TO
AUTHORISATION TO ACQUIRE TREASURY SHARES GRANTED BY GENERAL
MEETING ON 22 MAY 2018
* AUTHORISATION IS VALID UNTIL 21 MAY 2023 AND ALLOWS
NETCOMPANY
TO ACQUIRE SHARES WITH A TOTAL NOMINAL VALUE OF UP TO 10% OF ITS
SHARE CAPITAL
* SHARE BUYBACK PROGRAMME WILL END NO LATER THAN 2 JUNE 2021
* MAXIMUM TOTAL CONSIDERATION FOR SHARES BOUGHT BACK WILL BE
DKK
50M
* MAXIMUM NUMBER OF SHARES TO BE BOUGHT BACK WILL BE 125,000
Source text for Eikon: ID:nGNE9GmGDS
Further company coverage: NETCG.CO
(Gdansk Newsroom)
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