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NETC - Netcompany A/S News Story

DKK693.5 20.0  3.0%

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Sector
Technology
Size
Large Cap
Market Cap £3.77bn
Enterprise Value £3.84bn
Revenue £371.5m
Position in Universe 164th / 1888

Netcompany - Transactions in connection with share buyback programme

Thu 20th May, 2021 2:03pm
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Company announcement 
 No. 11/2021

                                                   
                                                   
     20 May 2021

Transactions in connection with share buyback programme
On 6 May 2021, Netcompany Group A/S (“Netcompany”) announced that a share
buyback programme of up to DKK 50m and a maximum of 125,000 shares had been
initiated with the purpose of meeting Netcompany’s future commitments under
its LTIP programmes (RSU). The share buyback programme is executed in
accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16
April 2014 and the provisions of Commission Delegated Regulation (EU)
2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share
buyback programme will end no later than 2 June 2021.

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 13 May 2021 to 19
May 2021:

                                  Number of shares  Average purchase price, DKK  Transaction value, DKK  
 13-05-2021                       -                 -                            -                       
 14-05-2021                       -                 -                            -                       
 17-05-2021                       5,800             646.60                       3,750,280               
 18-05-2021                       3,200             663.35                       2,122,720               
 19-05-2021                       3,500             663.82                       2,323,370               
 Accumulated for the period       12,500            -                            8,196,370               
 Accumulated under the programme  48,500            -                            31,573,080              

Detailed information on all transactions under the share buyback programme
during the period is included in the attached appendix.

Following the above transactions, Netcompany owns a total of 948,313 treasury
shares corresponding to 1.9% of the total share capital.

Additional information

For additional information, please contact

Netcompany Group A/S

Thomas Johansen, CFO
+45 51 19 32 24

Tine K. Boye, General Counsel
+45 24 91 75 33

Attachments
*     11. Transactions made in connection with share buyback programme
(https://ml-eu.globenewswire.com/Resource/Download/8d5a8a3c-35b6-47d5-be57-67aae43c6db5)
  
*     11a. Information on all transactions
(https://ml-eu.globenewswire.com/Resource/Download/70e6359c-a028-4c90-84fe-b2354ed890cd)
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