GlobeNewswire by notified

NTG Nordic Transport Group launches share buy-back program

Share

Company announcement no. 6 – 23
8 March 2023

NTG Nordic Transport Group launches share buy-back program

The Board of Directors of NTG has decided to launch a share buy-back program in accordance with the authorisation granted to the Board of Directors on the Annual General Meeting held 16 April 2020. The authorisation covers share buy-backs up to a maximum of 10% of the Company's share capital at any given time and is valid until 16 April 2025.

Purposes:

  • 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.

Period:

  • The share buy-back program will run from 9 March 2023 to 5 May 2023 at the latest, both days inclusive.

Volume:

  • During the period, NTG will purchase its own shares for an aggregate maximum amount of DKK 75,000,000, up to 250,000 shares (nominally DKK 5,000,000), corresponding to 1.10% of the current share capital of NTG.

Other terms:

  • Lead manager. NTG has retained Nordea Danmark, Filial af Nordea Bank Abp (“Nordea”), as lead manager. Nordea will execute the program independently and without influence from NTG.
  • Price limitations. No shares may be bought back at a price exceeding the higher of (i) the share price of the latest independent trade and (ii) the highest current independent bid at Nasdaq Copenhagen at the time of trading in compliance with the authority.
  • Maximum daily purchase. The maximum number of NTG shares that may be purchased on each trading day may not exceed 25% of the average daily trading volume of NTG shares on Nasdaq Copenhagen over the last 20 trading days prior to the date of purchase.
  • Safe Harbor. 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.

A company announcement of any transactions under the program will be published every Tuesday throughout the duration of the program.

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 90
press@ntg.com

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

ResMed Chief Administrative Officer and Global General Counsel to Retire30.3.2023 22:05:00 CEST | Press release

ResMed to conduct an internal search for a successor general counselAmy Wakeham appointed Chief Communications and Investor Relations Officer, will join ResMed’s executive leadership team SAN DIEGO, March 30, 2023 (GLOBE NEWSWIRE) -- ResMed (NYSE: RMD, ASX: RMD) announced today that David Pendarvis, chief administrative officer, global general counsel, and secretary, plans to retire, effective June 30, 2023. He will remain in a consulting role with ResMed through December 31, 2023. ResMed will conduct an internal search for the successor to Pendarvis’ legal roles and expects to name a new global general counsel and secretary well ahead of David’s retirement date to ensure a smooth and seamless transition. Amy Wakeham, ResMed’s current Vice President of Corporate Communications & Investor Relations, has been appointed Chief Communications and Investor Relations Officer to succeed Pendarvis in his role leading corporate public affairs; she will report to the Office of the CEO and will jo

The New Zealand Qualifications Authority and World Education Services Partner on Qualifications Recognition for Migrants with International Education30.3.2023 22:00:00 CEST | Press release

WELLINGTON, New Zealand, March 30, 2023 (GLOBE NEWSWIRE) -- The New Zealand Qualifications Authority (NZQA) and World Education Services (WES) have signed an agreement to streamline qualifications assessment for migrants to New Zealand who hold credentials from another country. Under the agreement, WES will provide qualification verification services to immigration applicants to New Zealand. “NZQA is delighted to work with WES to ensure a more efficient process for recognising the educational qualifications of those who want to make New Zealand home,” said NZQA Chief Executive Dr Grant Klinkum. “WES has been verifying academic credentials for decades, and we’ll leverage this experience to the benefit of New Zealand and our newest residents.” The new WES Global Records Verification Report for NZQA is designed to expedite services for individuals who qualify for resident visas under the country’s skilled migrant category. This is part of a broader push to strengthen the nation’s economy.

LEADING EDGE MATERIALS ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD WEDNESDAY, APRIL 26, 202330.3.2023 22:00:00 CEST | Press release

LEADING EDGE MATERIALS ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD WEDNESDAY, APRIL 26, 2023 Vancouver, March30, 2023 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Corporation”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces that its Annual General Meeting of Shareholders (the “Meeting”) will be held at 14th Floor, 1040 West Georgia Street, Vancouver, British Columbia, V6E 4H1 on Wednesday, April 26, 2023, at 9:00 am (Vancouver Time), for the following purposes: To receive the Chief Executive Officer’s Report to the shareholders of the Corporation; To receive and consider the financial statements of the Corporation as at and for the year ended October 31, 2022, together with the report of the auditors thereon; To fix the number of directors of the Corporation to be elected at the Meeting; To elect the directors of the Corporation for the ensuing year; To appoint the auditors of the Corporation for the ensuing year and to authorize t

Leading Edge Materials CEO's Report fo the Shareholders30.3.2023 22:00:00 CEST | Press release

LEADING EDGE MATERIALS CEO’S REPORT TO THE SHAREHOLDERS Stockholm, March 30, 2023 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) provides a letter from the Chief Executive Officer. CEO’S REPORT TO THE SHAREHOLDERS The past year has not been short of geopolitical turbulence and macro-economic challenges. As the pandemic crisis has subsided, the war in Ukraine, rising inflation and recent bank failures have added to the tension. And of course, the impacts of climate change remain a high priority on political agendas. Our vision, materials for change, is right in the middle of these societal challenges. A change in the energy system towards renewables and energy storage, electrified mobility solutions and resilient and sustainable supply-chains will need new materials and new sources for those materials. This is where the projects we have and the work we do on them becomes critically important. G