Park Street A/S – New share buyback program
Park Street A/S – New share buyback program
Transactions during 21 December 2022 – 28 December 2022
On 14th September 2022, Park Street A/S announced a share buy-back programme, as described in Company Announcement dated 14-09-2022. 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 A/S will repurchase Class A and Class B shares for up to DKK 50 million. The programme is taking place during the period from 06 September 2022 – 30 December 2022.
The following transactions were made under the share buy-back programme during 21 December 2022 – 28 December 2022:
| Number of shares bought | Average transaction price | |
| Accumulated, last announcement | 2,371,344 | |
| 28-Dec-2022 | 56,687 | 13.94 |
| Accumulated under the programme | 2,428,031 | 13.97 |
(*) Unlisted Class B shares
The share buy-back programme announced has now been concluded. In the period 14 September 2022 to 28 December 2022, Park Street A/S has bought 2,428,031 shares (263,166 Class A shares and 2.164.865 Class B shares) for an average price of DKK 13.97
Enquiries regarding this announcement should be addressed to:
Pradeep Pattem, CEO at nordicom@nordicom.dk
Company Website: www.psnas.com
Telephone Number: +45 33 33 93 03
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