Novabase S.G.P.S., S.A. (DB:NVQ) announces an Equity Buyback for 6,280,279 shares, representing 20% for €30 million.
February 15, 2023
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Novabase S.G.P.S., S.A. (DB:NVQ) announces a share repurchase program. Under the program, the company will repurchase up to 6,280,279 ordinary shares, representing 20% of the share capital for €30 million. The price of acquisition shall fall within a minimum of 21% over the weighted average closing share price of the last six months.
The price should not be higher than maximum of 25% above that value and it shall also not be higher than the highest between the last independent operation and the highest independent offer at the time of the acquisition.
Novabase S.G.P.S., S.A. is Portugal's number one computing company. The company currently has offices in Portugal, Angola, Mozambique, Spain, the United Kingdom, the Netherlands, the Middle East and Turkey. Novabase S.G.P.S., S.A.'s mission is to make life easier and more enjoyable for people and companies through the use of technology. Engineering and management combine with human sciences and design to create solutions focused on people.
NOVABASE S.G.P.S., S.A. 
