Regulatory Release no. 3/2021
The buyback program is being initiated pursuant to the authorization granted by the shareholders at the annual general meeting held on
The Company has appointed Nordea as lead manager of the buyback program. Under the agreement with Nordea, Nordea will purchase shares on behalf of the Company and will make its trading decisions independently of, and without influence by the Company.
The buyback program is subject to the following terms:
- The purpose of the program is to cover the Company’s obligations to pay 1/3 of the board of directors remuneration in shares in
Better Collective A/S . - Acquisition of shares shall take place on Nasdaq Stockholm in compliance with the Nasdaq Stockholm Rule Book for Issuers and the Nasdaq Nordic Member Rules
- The total purchases of own shares will be limited to a total market value of up to
EUR 100,000 - The maximum number of shares that can be bought is 4,672,298 shares of
EUR 0,01 each - Execution of the buyback will take place from
March 4, 2021 toMarch 31, 2021 . - Repurchases are to be made at a per-share price within the registered interval for the going rate at any given time, which denotes the interval between the highest bid and lowest selling price. Shares shall not be purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid
- Payment for the shares is to be made in cash
Contacts
Investor Relations: Christina Bastius Thomsen +45 2363 8844
e-mail: investor@bettercollective.com
This information is such information as
About
Attachment
- BC regulatory announcement no. 3_2021 Buyback 2021.03.04
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