Netcompany - Transactions in connection with share buyback programme

Company announcement No. 51/2024                                                 15 November 2024 On 31 October 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 adjusting Netcompany's capital structure and meeting its obligations relating to share-based incentive programmes. The share buyback programme is executed in accordance with EU Market Abuse Regulation,...
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Company announcement
No. 51/2024

                                                 15 November 2024


On 31 October 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 adjusting Netcompany's capital structure and meeting its obligations relating to share-based incentive programmes.

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 24 January 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 7 November 2024 to 13 November 2024:

  Number of shares Average purchase price, DKK Transaction value, DKK
07-11-2024   1,589 324.20    515,152
08-11-2024 14,650 340.63 4,990,212
11-11-2024 23,000 339.12 7,799,650
12-11-2024   2,556 330.73    845,345
13-11-2024   2,298 335.37    770,669
Accumulated for the period 44,093 -  14,921,027
Accumulated under the programme 104,695 - 34,394,471

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 2,333,604 treasury shares corresponding to 4.7% of the total share capital.

Additional information
For additional information, please contact:

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

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