Netcompany - Transactions in connection with share buyback programme

Company announcement No. 14/2024

                                                 2 April 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 21 March 2024 to 27 March 2024:

  Number of shares Average purchase price, DKK Transaction value, DKK
21-03-2024  6,000  288.46  1,730,760
22-03-2024  5,000  283.85  1,419,250
25-03-2024  10,000  279.96  2,799,600
26-03-2024  10,000  280.31  2,803,100
27-03-2024  9,000  280.40  2,523,600
Accumulated for the period 40,000 - 11,276,310
Accumulated under the programme 380,000 - 109,037,380

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 763,424 treasury shares corresponding to 1.5% 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

  • 14. Netcompany - Transactions in connection with share buyback programme
  • 14. Appendix - Information on all transactions under the share buyback programme during the period 21 March 2024 to 27 March 2024
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