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Transactions in connection with and conclusion of share buy-back program

Last Updated on January 24, 2023 by GlobeNewsWire

Company announcement no. 4 – 2324 January 2023

Transactions in connection with and conclusion of share buy-back program

On 6 December 2022 NTG Nordic Transport Group (“NTG”) announced a share buy-back program, as described in company announcement no. 27 – 22. 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 50,000,000, up to 240,000 shares (nominally DKK 4,800,000), corresponding to 1.06% of the current share capital of NTG.

The share buy-back program will run from 7 December 2022 to 7 March 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 announcement191,885 46,808,81817 January 20232,780258.6718,95518 January 20233,712261.4970,20819 January 20233,951259.71,026,20120 January 20231,833259.6475,780Accumulated under the program204,161 49,999,961

With the transactions stated above, NTG owns a total of 877,862 treasury shares, corresponding to 3.88% of the current share capital of NTG.

Details of each transaction are included as appendix.

The share buy-back program announced in company announcement no. 27 – 22 has now been concluded as 204,161 shares, corresponding to an aggregate value of DKK 49,999,961, have been repurchased.

Additional information

For additional information, please contact:

Investor relations:Christian D. Jakobsen, Group CFO

+45 42 12 80 99 ir@ntg.com

Press:Camilla Marcher Lydom, Investor Relations & Corporate Communication Manager+45 42 12 80 90press@ntg.com


Company announcement no 4_2023

Appendix_company announcement no 4_2023

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