Netfonds AG: Information pursuant to article 5, paragraph 1, of regulation (EU) no. 596/2014 and of article 2, paragraph 1, of the delegated regulation (EU) n. 2016/1052
^
EQS-Ad-hoc: Netfonds AG / Keyword (s): Share buyback
Netfonds AG: Information pursuant to article 5 paragraph 1 of regulation (EU) no.
596/2014 and Art. 2 paragraph 1 of the Delegated Regulation (EU) 2016/1052
25.10.2022 / 19:30 CET / CEST
Publication of inside information pursuant to article 17 of the ordinance
(EU) no. 596/2014, broadcast by EQS News – a service of the EQS Group
AG.
The issuer / publisher is responsible for the content of the notification.
————————————————– ————————-
On 11 October 2022, the board of directors of Netfonds AG, Hamburg
With the approval of the Supervisory Board, it was decided to own shares of Netfonds AG
(ISIN DE000A1MME74) (ISIN DE0005909006). That
The share buyback program starts on October 26, 2022 and ends no later than
June 30, 2023. During this period, a maximum of 20,000 shares of the
Nefonds AG at a maximum total purchase price of EUR
1.0 million can be acquired through the stock exchange.
The board of directors has been doing this since 14 August 2019 by the general meeting
intended use of the authorization. Thereafter, Netfonds AG has the right
until 13 August 2024 own shares up to a total of 10% of the then
the resolution on the authorization of the existing share capital
acquire Netfonds AG.
The purchase of treasury shares takes place through the appointment of an independent person
Credit or securities institution. This is committed to
Redeem exclusively via stock exchange and in accordance with the
Netfonds AG Annual General Meeting on 14 August 2019
Authorization and requirements of Regulation (EU) no. 596/2014 and of
Delegated Regulation (EU) 2016/1052.
The independent credit or securities institution meets yours
Decisions on when to acquire shares in Netfonds AG
pursuant to article 4 paragraph 2 letter b) of the Delegated Regulation (EU)
2016/1052 independent and not influenced by Netfonds AG. The independent
The credit or securities institution is obliged to sell the shares
Market prices according to the trading conditions referred to in Article 3 of
Delegated Regulation (EU) 2016/1052. The purchase price per share
May the trading day preceding the last price determination
determined market price of a share of Netfonds AG in the XETRA trading system
do not exceed or fall below 10%. In particular, the
Netfond shares not purchased at a higher price than the last one
degree obtained independently or higher than the current maximum
independent offer on the respective trading system. Furthermore
they are no longer shares of 25% of the average of a trading day
daily rotation of the shares on the respective trading system. of the
the average daily turnover of the shares is calculated on the basis of
average daily trading volume during the 20 trading days
the respective date of purchase.
The share buyback program may, to the extent required and permitted by law,
be terminated at any time. The purchased shares can be transferred to any of the
Annual General Assembly of 14 August 2019.
Information relating to the share repurchase program
Trades are closed no later than the end of the seventh trading day following the day
the execution of such transactions in a detailed and aggregated form
appropriately announced. Furthermore, the Netfonds pursuant to Art. 2
Paragraph 3 of the Delegated Regulation (EU) 2016/1052 announced it
Post transactions on the website www.netfonds.de and for that
ensure that the information from the date of disclosure is at least five
remain publicly available for years.
Hamburg, October 25, 2022
The edge
Notifying person: Peer Reichelt, Management contact: [email protected]
Tel .: +49 40 8 222 67 0
————————————————– ————————-
10/25/2022 CET / CEST EQS distribution services include statutory ones
reporting obligations, corporate / financial news and press releases.
Multimedia archive on https://eqs-news.com
————————————————– ————————-
German language
Company: Netfonds AG
Heidenkampsweg 73
20097 Hamburg
Phone: +49 40 822267 0
Email: [email protected]
Internet: www.netfonds.de
ISIN: DE000A1MME74
WKN: A1MME7
Stock exchanges: open market in Berlin, Düsseldorf, Frankfurt, Munich
(m: access)
EQS News ID: 1471831
End of EQS News Service message
————————————————– ————————-
1471831 25.10.2022 CET / CEST
°
