Company announcement no. 19 – 22
25 October 2022
Transactions in connection with share purchase–again program
On 12 August 2022 NTG Nordic Transport Group (“NTG”) introduced a share buy-back program, as described in firm announcement no. 9 – 22. The program might be executed in accordance with the rules of Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, additionally known as the Safe Harbor guidelines.
The functions of the share buy-back program are to satisfy obligations referring to acquisition of minority shareholders’ shares in NTG subsidiaries beneath the “Ring-the-Bell” idea, cowl obligations arising beneath share-based incentive packages, and doubtlessly for different functions akin to cost in relation to potential M&A transactions.
Under the share buy-back program NTG will buy its personal shares for an mixture most quantity of DKK 100,000,000, as much as 310,000 shares (nominally DKK 6,200,000), similar to 1.37% of the present share capital of NTG.
The share buy-back program will run from 15 August 2022 to 31 March 2023 on the newest, each days inclusive.
The following transactions have been made beneath the share buy-back program:
| Number of shares | Average buy value (DKK) | Transaction worth (DKK) | |
| Accumulated, newest announcement | 120,179 | 31,147,862 | |
| 18 October 2022 | 1,771 | 217.9 | 385,953 |
| 19 October 2022 | 8,841 | 212.3 | 1,876,813 |
| 20 October 2022 | 2,728 | 205.3 | 559,970 |
| 21 October 2022 | 1,800 | 203.8 | 366,905 |
| 24 October 2022 | 137 | 214.2 | 29,346 |
| Accumulated beneath the program | 135,456 | 34,366,849 |
With the transactions said above, NTG owns a complete of 499,157 treasury shares, similar to 2.20% of the present share capital of NTG.
Details of every transaction are included as appendix.
Additional data
For extra data, please contact:
|
Investor relations: |
+45 42 12 80 99 |
| Press: Mathias Jensen-Vinstrup, Executive Vice President |
+45 42 12 80 90 [email protected] |
- Company announcement no 19_2022
- Appendix_company announcement no 19_2022
