Lauritz.com Group A/S: Share buy-back
- Company announcement 2018 no 23 - Lauritzcom Group AS -share buy back
- Repurchase transactions detailed 04-08 June 2018
Copenhagen, 12 June 2018
The share buy-back program will be conducted in the period from 16 April 2018 to 14 June 2018, at the latest. In the period Lauritz.com Group A/S will acquire shares in the amount of up to DKK 850,000, however a maximum number of shares of 1,250,000 to be acquired., cf. Corporate Announcements No. 11 of 13 April 2018, No. 20 of 31 May 2018 and No. 22 of 7 June 2018.
The share buy-back program is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called "Market Abuse Regulation".
The purpose of the program is to meet obligations arising from allocations of shares, to employees or to members of the administrative, management or supervisory bodies of the company.
Since the announcement as of 5 June 2018, the following transactions have been made under the program:
|Number of shares|| Average |
|Transaction value in SEK|
|Accumulated, last announcement||956,239||1.1615||1,110,661|
|4 June 2018||0||0||0|
|5 June 2018||0||0||0|
|6 June 2018||0||0||0|
|7 June 2018||22,400||1.1794||26,418|
|8 June 2018||22,400||1.1977||26,830|
|Accumulated under the program||1,001,039||1.1627||1,163,909|
With the transactions stated above, Lauritz.com Group A/S now owns a total of 1,001,039 of treasury shares.
In accordance with the EU Commission Regulation No. 596/2014, transactions related to the share buy-back program are attached to this corporate announcement in detailed form.
Lauritz.com Group A/S
For press enquiries, please contact:
Susanne Sandsberg Klubien,
Certified adviser: Erik Penser Bank, Stockholm
Market place: Nasdaq First North Stockholm
This information is information that Lauritz.com Group A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 19.00 pm CEST on 12 June 2018.