Netcompany - Transactions in connection with share buyback programme

Company announcement No. 24/2024

                                                 6 June 2024

On 3 May 2024, Netcompany Group A/S (“Netcompany”) announced that a share buyback programme of up to DKK 250m and a maximum of 1,300,000 shares had been initiated with the purpose of meeting the 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 12 August 2024.

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 2024 to 4 June 2024:

  Number of shares Average purchase price, DKK Transaction value, DKK
29-05-2024 20,000  302.99  6,059,820
30-05-2024 11,838  299.96  3,550,945
31-05-2024 12,000  299.24  3,590,863
03-06-2024 11,435  307.47  3,515,966
04-06-2024 11,500  311.39  3,580,997
Accumulated for the period 66,773 -  20,298,591
Accumulated under the programme 254,986 - 77,791,077

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

Following the above transactions and vesting of RSU’s, Netcompany owns a total of 1,155,894 treasury shares corresponding to 2.3% of the total share capital.

Additional informationFor additional information, please contact:

Netcompany Group A/SThomas Johansen, CFO, + 45 51 19 32 24Frederikke Linde, Head of IR, +45 60 62 60 87

Attachments

  • 24. Netcompany - Transactions in connection with share buyback programme
  • 24. Appendix - Information on all transactions
Netcompany Group AS (TG:60N)
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