Transaction in Own Shares • Jun 17, 2025
Transaction in Own Shares
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Vend Marketplaces ASA (VENDA/VENDB) - Share buyback result
17.6.2025 19:39:51 CEST | Vend Marketplaces ASA | Inside information
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN UNITED STATES,
CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION IN WHICH THE DISTRIBUTION OR
RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.
Reference is made to the notice issued on 16 June 2025, where Vend Marketplaces
ASA (the "Company") launched an offer to all shareholders to purchase up to 13.5
million shares in the Company at a fixed price of NOK 359.84 for A-shares and
NOK 343.72 for B-shares, corresponding to a premium of 2% to the closing price
as of 11 June 2025 adjusted for the payment of a special cash dividend of NOK
2.22 (the "Offering"). The application period expired at 16:30 CEST on 17 June
Following the end of the application period, the Company has resolved to buy
482,670 A-shares and 13,013,248 B-shares, corresponding to a total of 13,495,918
shares.
Blommenholm Industrier AS has sold 10,182,706 B-shares in the Offering.
Trond Berger, CEO at Blommenholm Industrier AS, commented: "The Tinius Trust,
through Blommenholm Industrier AS, supports Vend in returning excess cash to its
shareholders. The Tinius Trust is indifferent to whether this takes place as a
share buyback or through cash dividends but wanted to show support for the
initiative taken by the Company to adjust its balance sheet. We remain a
committed core shareholder of Vend and support its ongoing verticalisation
strategy."
Allocation notifications will be sent to shareholders having tendered shares in
the Offering on or about 18 June 2025. The trade date will be 17 June 2025, and
the settlement date is expected to be on or about 19 June 2025. The settlement
will be conducted on a normal delivery-versus-payment basis (DVP) or through the
VPS system.
Following settlement of the Offering, Vend Marketplaces ASA will own 4,669,889
A-shares and 17,596,009 B-shares, corresponding to a total of 22,265,898 shares.
Oslo, 17 June 2025
VEND MARKETPLACES ASA
The information contained herein about the Offering is considered to be inside
information pursuant to the EU Market Abuse Regulation (MAR) and is subject to
the disclosure requirements pursuant to MAR article 17 and section 5-12 of the
Norwegian Securities Trading Act. This stock exchange release was published by
Jann-Boje Meinecke on 17 June 2025 at 19:38 CEST.
IMPORTANT NOTICE
The Offering and the distribution of this announcement and other information in
connection with the Offering may be restricted by law in certain jurisdictions
(including, but not limited to, the United States, Canada, Australia and Japan).
Neither the Company nor the bookrunner in the Offering assume any responsibility
in the event there is a violation by any person of such restrictions. This
includes shareholders who have changed their domicile to such jurisdictions but
which may access their VPS accounts. Persons into whose possession this
announcement or relevant information should come are required to inform
themselves about and to observe any such restrictions. The Offering is not being
made directly or indirectly in, or by use of the mails of, or by any means or
instrumentality of interstate or foreign commerce of, or any facilities of a
national securities exchange of, the United States of America, its territories
and possessions, any State of the United States and the District of Columbia
(the "United States") or any other jurisdiction in which this would be unlawful,
require registration or other measures. This includes, but is not limited to,
facsimile transmission, internet delivery, e-mail and telephones. Copies of this
release and any related documents are not being, and must not be, mailed,
e-mailed or otherwise distributed or sent in or into the United States or any
such jurisdiction and so doing may invalidate any purported acceptance.
CONTACTS
* Jann-Boje Meinecke, SVP FP&A and Investor Relations, +47 941 00 835,
ABOUT VEND MARKETPLACES ASA
Vend Marketplaces ASA ("Vend") is a family of marketplaces with a strong Nordic
position. As a leading marketplaces company within Mobility, Real Estate, Jobs
and Recommerce, we provide effortless digital experiences designed for the needs
of tomorrow. We do it with a clear sense of purpose, to create sustainable value
and long-term growth, for all our stakeholders and society as a whole.
Vend has an ownership share of 14% in Adevinta, a company that was spun off in
2019 and is now privately owned by a group of investors.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/18567926/6211/Download%20announce
ment%20as%20PDF.pdf
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