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4 April 2023

Transactions in connection with share buy-back program

Company announcement no. 13 - 23
4 April 2023

Transactions in connection with share buy-back program

On 8 March 2023 NTG Nordic Transport Group (“NTG”) announced a share buy-back program, as described in company announcement no. 6 - 23. 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 (MAR) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbor rules.

The purposes of the share buy-back program are 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 share buy-back program NTG will purchase its own shares for an aggregate maximum amount of DKK 75,000,000, up to 250,000 shares (nominally DKK 5,000,000), corresponding to 1.10% of the current share capital of NTG.

The share buy-back program will run from 9 March 2023 to 5 May 2023 at the latest, both days inclusive.

The following transactions have been made under the share buy-back program:

 Number of sharesAverage purchase price (DKK)Transaction value (DKK)
Accumulated, latest announcement103,223 37,253,484
28 March 202314,916391.05,832,748
29 March 202315,000393.55,902,500
30 March 202310,391398.84,143,972
31 March 202310,075404.64,076,653
03 April 202316,000398.96,381,849
Accumulated under the program169,605 63,591,206

With the transactions stated above, NTG owns a total of 1,047,467 treasury shares, corresponding to 4.62% of the current share capital of NTG.

Details of each transaction are included as appendix.

Additional information

For additional information, please contact:

Investor relations:
Christian D. Jakobsen, Group CFO                                    

+45 42 12 80 99
Camilla Marcher Lydom, Investor Relations & Corporate Communication Manager

+45 42 12 80 90