Vend Marketplaces ASA: Initiation of share buyback programme
With reference to the stock exchange announcement by Vend Marketplaces ASA ("Vend" or the "Company") on 27 October 2025 regarding the launch of a new share buyback programme in Q4 2025, Vend has today, 12 November 2025, entered into a non-discretionary agreement with BNP Paribas to carry out a share buyback on behalf of the Company.
The share buyback programme will cover purchases of up to a maximum value of NOK 2 billion. The buyback programme will commence on 25 November 2025 and is planned to be finalised within 23 June 2026. Under the programme, the minimum price that can be paid per share is NOK 50 and the maximum price is NOK 500. NOK 2 billion is equivalent to approximately 3.0% of the issued shares in Vend (total issued shares are approx. 227 million) at the current share price level.
The buyback will be carried out in accordance with the authorisation granted to the Board of Directors by the Company's Extraordinary General Meeting ("EGM") held on 22 October 2025. The authorisation is valid until 30 June 2026. For further information, please see the minutes of the EGM at: https://vend.com/ir/corporate-governance/general-meeting/.
BNP Paribas will make its trading decisions independently of the Company. The execution of any repurchases will depend on market conditions, and the Company may resolve to terminate the buyback programme before the threshold set out above is reached.
The purpose of the buyback is to reduce the capital of the Company. Apart from some shares repurchased under the programme which will be used in the Company's employee share saving plan and long-term incentive plans, the Company will seek approval by the Company's 2026 Annual General Meeting for cancellation of the remaining shares repurchased under the programme.
The share buyback programme is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation").
Vend currently owns a total of 15,153,249 shares.
Oslo, 12 November 2025
Vend Marketplaces ASA
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This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
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About Vend Marketplaces ASA
Vend Marketplaces ASA (“Vend”) is a family of marketplaces with a strong Nordic position. As a leading marketplaces company within Mobility, Real Estate, Jobs and Recommerce, we provide effortless digital experiences designed for the needs of tomorrow. We do it with a clear sense of purpose, to create sustainable value and long-term growth, for all our stakeholders and society as a whole.
Vend has an ownership share of 14% in Adevinta, a company that was spun off in 2019 and is now privately owned by a group of investors.
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