World News: 04:00 GMT Friday 9th November 2018. [BankNordik via Globe Newswire via SPi World News]
On August 10, 2018 BankNordik announced a share buy-back programme. The programme is being carried out under Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (also referred to as the Safe Harbour rules), which ensures that BankNordik is protected against violation of insider legislation in relation to the share buyback programme.
The share buyback programme runs from 6 August 2018 to 30 March 2019. In this period BankNordik will acquire shares with a value of up to DKK 15.0 million, with a maximum of up to 10% of the company’s share capital.
Since the announcement as of 6 August 2018, the following transactions have been made under the program:
With the transactions stated above, BankNordik holds a total of 392,849 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 3.93% of the share capital.
In accordance with the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 the share buy-back transactions data is presented in detail form here:
Globe Newswire: 04:00 GMT Friday 9th November 2018
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