AI Terminal
ECIT AS
Transaction in Own Shares • Nov 16, 2022
3584_rns_2022-11-16_fc20ff13-2ea8-4ae0-a44e-5a356dae0af1.pdf
Transaction in Own Shares
Open in ViewerOpens in native device viewer
Fornebu, 16.11.2022
Mandatory notification of trade – share buy-back program completed Company announcement No. 112
Reference is made to company announcement No 90 of 23 August 2022, where the company announced its plan to buy own shares for a total maximum amount of NOK 8,000,000.
From 14 November until 16 November the company purchased 27,714 shares at an average price of 6.964 NOK. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement and available at www.newsweb.no.
After these transactions, ECIT owns a total of 2,198,988 of own shares, corresponding to 0.486 % of ECIT's total registered share capital.
Total number of shares acquired during the buy-back programme is 1,204,672. Weighted average share price 6.6408 for a total amount of 7,999,995. The buy-back program is now completed.
Attachments:
Transactions and specification overview.pdf
https://www.ecit.com/media/7148/ecit-transactions-overview-161122.pdf
DISCLOSURE REGULATION
This is information that ECIT AS is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
For further information, contact
Iselin Paulsen, Head of Communication Mads Skovgaard, Group CFO [email protected] [email protected] +47 901 40 166 +45 2780 4942
ECIT AS
Company registration number: 912 040 801 Rolfsbuktveien 4A, 1364 Fornebu, Norway +47 22 72 14 14 http://www.ecit.com [email protected]
About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2021) of 2.6 billion NOK and +2,200 employees across 10 countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com
ECIT AS Company registration number: 912 040 801 Rolfsbuktveien 4A, 1364 Fornebu, Norway +47 22 72 14 14 http://www.ecit.com [email protected]