Brief: Ntg Nordic Transport Reports Q3 Net Revenue Dkk 1.36 Billion Versus Dkk 1.33 Billion

NTG Nordic Transport AS

18/11/2020 16:55

Nov 18 (Reuters) - NTG Nordic Transport Group AS  NTGNT.CO :
    * REG-NTG NORDIC TRANSPORT GROUP PUBLISHES INTERIM REPORT
FOR Q3
2020 AND ANNOUNCES SHARE-BASED INCENTIVE PROGRAM AND SHARE
BUY-BACK PROGRAM
    * GRANTS UNDER NEW SHARE-BASED INCENTIVE PROGRAMS WILL BE
MADE IN
PERIOD UNTIL 31 DECEMBER 2021
    * TOTAL NUMBER OF SHARE PURCHASE OPTIONS GRANTED UNDER
PROGRAM
WILL NOT EXCEED 550,000
    * BOARD DECIDED TO LAUNCH SHARE BUY-BACK PROGRAM UNDER
AUTHORISATION FROM AGM HELD 16 APRIL 2020
    * SHARE PURCHASE OPTIONS WILL BE GRANTED WITH A VESTING
PERIOD OF
THREE YEARS OR MORE
    * NTG NORDIC TRANSPORT GROUP - RECIPIENTS OF OPTION WILL BE
GRANTED RIGHT TO BUY 1 SHARE AT CLOSING PRICE ON TRADING DAY
PRIOR TO GRANT DATE
    * GUIDANCE FOR THE YEAR ANNOUNCED ON 22 OCTOBER 2020
MAINTAINED
    * TOTAL NUMBER OF WARRANTS GRANTED UNDER PROGRAM WILL NOT
EXCEED
700,000
    * WARRANTS WILL BE GRANTED WITH A VESTING PERIOD OF THREE TO
TEN
YEARS
    * Q3 NET REVENUE DKK 1.36 BILLION VERSUS DKK 1.33 BILLION
    * QTRLY EARNINGS PER SHARE FOR Q3 DKK 2.14
    * NTG NORDIC TRANSPORT GROUP - ADJUSTED. EBIT FOR THE THIRD
QUARTER WAS DKK 77.6 MILLION COMPARED TO DKK 50.8 MILLION FOR
THE SAME PERIOD LAST YEAR
    * BUY-BACK PROGRAM WILL RUN FROM NOV 19 TO MARCH 31 2021

Source text for Eikon:  ID:nGNE1lqH5V 
Further company coverage:  NTGNT.CO 

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