| Company announcement No. 16/2017 |
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 15 May 2017 to 21 May 2017:
| Number of shares | Average purchase price, DKK | Transaction value, DKK | |
| 15 May 2017 | 19,016 | 137.28 | 2,610,605.86 |
| 16 May 2017 | 24,770 | 136.97 | 3,392,865.80 |
| 17 May 2017 | 37,258 | 135.19 | 5,037,076.68 |
| 18 May 2017 | 100,491 | 132.63 | 13,328,111.28 |
| 19 May 2017 | 7,500 | 133.15 | 998,595.00 |
| Accumulated for the period | 189,035 | 134.19 | 25,367,254.61 |
| Accumulated under the programme | 631,353 | 125.55 | 79,264,893.97 |
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 634,019 treasury shares corresponding to 0.316% 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.
This announcement is also made in respect of the EUR 400,000,000 2.875 % senior secured notes due 2024 issued by Nassa Topco AS and admitted for trading on the Global Exchange Market of the Irish Stock Exchange.
Attachments:http://www.globenewswire.com/NewsRoom/AttachmentNg/813568d0-3865-44b8-ba34-c89f741ed089
