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Park Street Nordicom A/S – Share buyback program

Park Street Nordicom A/S
·1-min read

Transactions during 27 October – 04 November

On 19 October 2020, Park Street Nordicom A/S announced a share buy-back programme, as described in Company Announcement No. 8/2020. The programme is carried out in compliance with the provisions of Regulation No 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation – MAR) and delegated legislation under MAR; except for the limitation of implementing the authorized buy-back of the Company’s shares within the 25% daily trading volume, due to the low levels of market liquidity in the Company’s shares. According to the programme, Park Street Nordicom A/S will repurchase A shares of up to DKK 11.9m. The programme is taking place during the period from 19 October 2020 to 25 February 2021.

The following transactions were made under the share buy-back programme during 27 October - 04 November:

Number of shares bought

Average transaction price

Number of transactions

Accumulated, last announcement

144,097

162

27 October 2020

15,182

11.00

6

28 October 2020

638,095

10.90

13

29 October 2020

15,000

10.50

2

30 October 2020

-

-

-

03 November 2020

464

10.50

1

04 November 2020

5,300

10.50

6

Total, 27 October - 04 November 2020

674,041

10.89

28

Accumulated under the programme

818,138

190

Details of transactions executed under the buyback program are enclosed.

Enquiries regarding this announcement should be addressed to:

David Casado, Head of Finance at nordicom@nordicom.dk

Company Website: www.psnas.com

Telephone Number: +45 33 33 93 03

Attachment