| Company announcement No. 11/2017 |
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 are carried out in accordance with the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Regulation") and will end no later than 31 July 2017. Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis.
The following transactions have been executed in the period 17 April 2017 to 23 April 2017:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 18 April 2017 | 34,000 | 115.53 | 3,928,088.00 |
| 19 April 2017 | 14,245 | 114.84 | 1,635,824.58 |
| 20 April 2017 | 11,500 | 116.52 | 1,339,991.50 |
| 21 April 2017 | 18,575 | 117.79 | 2,188,003.12 |
| Accumulated for the period | 78,320 | 116.09 | |
| Accumulated under the programme | 192,451 | 115.44 |
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 195,117 treasury shares corresponding to 0.097% 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.
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