Torsdag 31 Oktober | 13:17:03 Europe / Stockholm
2024-03-07 12:45:35

Company announcement
No. 11/2024

                                                7 March 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 29 February 2024 to 6 March 2024:

 Number of sharesAverage purchase price, DKKTransaction value, DKK
29-02-2024 8,000 294.90 2,359,200
01-03-2024 8,000 298.80 2,390,400
04-03-2024 9,000 296.41 2,667,690
05-03-2024 10,000 290.44 2,904,400
06-03-2024 10,000 288.41 2,884,100
Accumulated for the period45,000-13,205,790
Accumulated under the programme240,000-69,223,800

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 623,630 treasury shares corresponding to 1.2% 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