NTG Nordic Transport Group A/S
Company announcement no. 10 - 21
2 March 2021
Transactions in connection with share buyback program
On 18 November 2020 NTG Nordic Transport Group ("NTG") announced a share buyback program, as described in Company announcement 43 - 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, cover obligations arising under 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 165,000 of its own shares (nominally DKK 3,300,000), corresponding to 0.73% of the current share capital of NTG, for an aggregate maximum amount of DKK 30,000,000. The share buyback program will run from 19 November 2020 to 31 March 2021 at the latest, both days inclusive.
The following transactions have been made under the program:
Number of shares | Average purchase price (DKK) | Transaction value (DKK) | |
Accumulated, latest announcement | 110,560 | 25,647,953 | |
23 February 2021 | 2,454 | 226.2 | 555,012 |
24 February 2021 | 1,693 | 230.0 | 389,405 |
25 February 2021 | 2,067 | 232.7 | 481,043 |
26 February 2021 | 1,505 | 226.4 | 340,806 |
1 March 2021 | 2,000 | 233.3 | 466,636 |
Accumulated under the program | 120,279 | 27,880,855 |
With the transactions stated above, NTG owns a total of 300,044 treasury shares, corresponding to 1.32% 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
ir@ntg.dk
Press:
Mathias Jensen-Vinstrup, Group Director +45 76 32 09 90
press@ntg.dk
Attachments
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About Globenewswire
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
CrakRevenue12.9.2025 18:00:12 CEST | Press release
CPA Network CrakRevenue Celebrates 15 Years of Success
MicroStar Logistics12.9.2025 17:45:32 CEST | Press release
Kegstar, the International Division of MicroStar Logistics, Accelerates Growth in the UK and Across Europe
SVS CONSULTANTS FZCO12.9.2025 17:42:22 CEST | Press release
Stonecoal SA Submits Bid for Mozambique’s Major Revuboè Coal Concession Following Government Revocation — Stonecoal SA
Yacht Club de Monaco12.9.2025 16:21:45 CEST | Press release
Monaco: Sailing and Gastronomy at the Yacht Club during Classic Week with the Chef Competition
Sveriges Riksbank12.9.2025 16:20:09 CEST | Press release
CONDITIONS FOR RIKSBANK AUCTIONS GOVERNMENT BONDS
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom