| Company announcement No. 15/2017 |
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 08 May 2017 to 14 May 2017:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 08 May 2017 | 15,010 | 127.65 | 1,915,958.96 |
| 09 May 2017 | 16,610 | 132.80 | 2,205,758.17 |
| 10 May 2017 | 11,370 | 133.87 | 1,522,118.96 |
| 11 May 2017 | 29,000 | 137.14 | 3,977,039.70 |
| Accumulated for the period | 71,990 | 133.64 | 9,620,875.78 |
| Accumulated under the programme | 442,318 | 121.85 | 53,897,639.35 |
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 444,984 treasury shares corresponding to 0.222% 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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