Transaction in Own Shares • May 7, 2025
Transaction in Own Shares
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Initiating Share Buyback Program
Oslo, Norway, May 7, 2025 – The Board of Pexip Holding ASA ("Pexip" or "The Company", Oslo Børs Ticker: PEXIP), has decided to initiate a share buyback program today, 7 May 2025.
The program has a maximum funding of NOK 100 million, and will seek to buy back a maximum of 2,000,000 shares. This is equivalent to approx. 1.9% of the share capital. The program will end no later than 30 September 2025. The purpose of the program is to cover future obligations to deliver shares as part of the Company’s share-based compensation plans.
The program is in accordance with the authorization granted to the Board by the Annual General Meeting of Pexip Holding ASA held on April 25, 2025. The share buyback program will be carried out by way of repurchases in the market. Pexip has entered into a non-discretionary agreement with a third party who will make its trading decisions independently of, and uninfluenced by, Pexip. In accordance with the authorization from the AGM, the minimum price that can be paid per share is NOK 1, and the maximum price is NOK 200. The maximum numbers of own shares that can be purchased by the company is limited to 10,400,000.
Transactions will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation") as further set out in the Norwegian Securities Trading Act of 2007 and the Oslo Stock Exchange's Guidelines for buy-back programs and price stabilisation dated February 2021. Transactions will be reported on a weekly basis.
This is information is pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Øystein Dahl Hem, CFO, Pexip Holding ASA, on May 7, 2025 at 07:00 CEST.
For questions, please contact: Øystein Dahl Hem, CFO [email protected], +47 992 34 596
About Pexip | pexip.com Pexip is a video technology company that offers multi-platform software for various purposes such as business meetings, secure government communication, doctor's appointments, and court proceedings. It is an excellent tool for organizations that want seamless, secure, and scalable meetings that enhance the video experience. Pexip (PEXIP) is listed on the Oslo Stock Exchange. Visit us at www.pexip.com or on LinkedIn
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