NETS | 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.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nets A/S via Globenewswire
