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Monday, 19 June 2017

Nets A/S: Final transactions in connection with share buyback programme

Nets A/S    

Published: 15:49 CEST 19-06-2017 /GlobeNewswire /Source: Nets A/S / : NETS /ISIN: DK0060745370

Nets A/S: Final transactions in connection with share buyback programme

Company announcement
No. 20/2017

 

Final transactions in connection with share buyback programme

 

On 6 April 2017, Nets A/S ("Nets") announced that a share buyback programme of up to 1,200,000 shares had been initiated for the purpose of hedging Nets' long-term incentive programmes. Purchases of shares under the buyback programme have been carried out in accordance with the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Regulation").

 

Today, Nets announces the final transactions carried out under the current share buyback programme.

 

The following transactions have been executed in the period 12 June 2017 to 16 June 2017:

 

 

Number of shares

Average purchase price, DKK

Transaction value, DKK

12 June 2017

47,500

122.42

5,814,973.75

13 June 2017

14,648

121.97

1,786,556.50

14 June 2017

25,000

123.13

3,078,315.00

15 June 2017

16,000

123.34

1,973,465.60

16 June 2017

24,000

126.86

3,044,546.40

Accumulated for the period

127,148

123.46

15,697,857.25

Accumulated under the programme

1,200,000

127.31

152,769,958.88

 

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

 

Following the above transactions, Nets owns a total of 1,202,666 treasury shares corresponding to 0.6% of the total share capital.

 

For additional information, please contact

 

For media enquiries:

Karsten Anker Petersen, Head of Communications, at +45 44 89 78 83 or kapet@nets.eu

 

For investor enquiries:

Lars Oestmoe, Head of M&A and IR, at +47 91 34 71 77 or lostm@nets.eu

 

 

Information on Nets

Nets is a leading provider of digital payment services and related technology solutions across the Nordic region. Nets sits at the centre of the digital payments ecosystem and operates a deeply entrenched network, which connects merchants, corporate customers, financial institutions and consumers enabling them to make and receive payments as well as, increasingly, utilise value-added services to help them improve their respective activities.

 

This announcement is also made in respect of the EUR 400,000,000 2.875 % senior secured notes due 2024 issued by Nassa Topco AS and admitted for trading on the Global Exchange Market of the Irish Stock Exchange.

 

 



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This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Nets A/S, Lautrupbjerg 10, Ballerup 2750, Denmark
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