Transactions in connection with share buyback program

Company announcement no. 22 - 204 August 2020 Transactions in connection with share buyback program On May 25, 2020 NTG Nordic Transport Group (“NTG”) announced a share buyback program, as described in Company announcement 09 - 20. The program will be executed in accordance with the principles of Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (Market Abuse Regulation) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe...
Hvidovre, (informazione.it - comunicati stampa - salute e benessere)

Company announcement no. 22 - 20
4 August 2020

Transactions in connection with share buyback program

On May 25, 2020 NTG Nordic Transport Group (“NTG”) announced a share buyback program, as described in Company announcement 09 - 20. The program will be executed in accordance with the principles of Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (Market Abuse Regulation) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbor rules.

The purpose of the program is to meet obligations relating to acquisition of minority shareholders' shares in NTG subsidiaries under the “Ring-the-Bell” concept and to cover obligations arising under future share-based incentive programs and potentially for other purposes such as payment in relation to potential M&A transactions.

Under the program NTG will purchase up to 200,000 of its own shares (nominally DKK 4,000,000), corresponding to 0.89% of the current share capital of NTG, for an aggregate maximum amount of DKK 20,000,000. The share buyback program will run from 26 May 2020 to 30 December 2020 at the latest, both days inclusive.

The following transactions have been made under the program:

  Number of shares Average purchase price Transaction value (DKK)
Accumulated, latest announcement 57,471   5,542,067
28 July 2020 1,500 98.62 147,934
29 July 2020 1,335 98.34 131,284
30 July 2020 2,000 97.94 195,877
31 July 2020 1,427 97.63 139,321
03 August 2020 1,238 97.96 121,272
Accumulated under the program 64,971   6,277,756

With the transactions stated above, NTG owns a total of 233,239 treasury shares, corresponding to 1.03% of the company's share capital.

Details of each transaction are included as appendix.

Additional information
For additional information, please contact:

Investor relations
Christian D. Jakobsen, Group CFO                                     +45 76 32 09 89
                                                                                                [email protected]
Press
Martin Diernisse, Group Director                                      +45 76 32 09 90
                                                                                                [email protected]

Attachments

  • Appendix Company announcement no 22_2020
  • Company announcement no 22_2020
Ufficio Stampa
 Nasdaq GlobeNewswire (Leggi tutti i comunicati)
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti
Allegati
Slide ShowSlide Show
Non disponibili