Torsdag 31 Oktober | 13:17:25 Europe / Stockholm
2024-02-22 13:17:44

Company announcement
No. 08/2024

                                                22 February 2024

On 25 January 2024, Netcompany Group A/S (“Netcompany”) announced that a share buyback programme of up to DKK 150m and a maximum of 1,300,000 shares had been initiated with the purpose of initiating the redistribution of DKK 2bn to shareholders in line with the midterm 2026 targets. 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 1 May 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 15 February 2024 to 21 February 2024:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
15-02-2024 6,000 292.99 1,757,940
16-02-2024 6,000 303.07 1,818,420
19-02-2024 6,000 304.31 1,825,860
20-02-2024 6,000 305.86 1,835,160
21-02-2024 6,000 307.69 1,846,140
Accumulated for the period30,000-9,083,520
Accumulated under the programme148,000-42,160,310

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 533,601 treasury shares corresponding to 1.1% 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