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Byggfakta Group Nordic HoldCo
Transaction in Own Shares • Aug 18, 2023
2889_iss_2023-08-18_74112762-18a4-4d8c-bd93-23db3477ac33.pdf
Transaction in Own Shares
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Byggfakta Group utilises share buy-back authorisation
The board of directors of Byggfakta Group Nordic HoldCo AB (publ) ("Byggfakta") has resolved to utilise the authorisation granted by the annual general meeting held on 25 May 2023 to repurchase own shares in order to enable delivery of shares to participants in the long term, share based, employee stock option program (LTIP 2023/2026).
Repurchase of own shares in relation to LTIP 2023/2026
Acquisitions of shares pursuant to the share buy-back program will be carried out in accordance with Nasdaq Rulebook for Issuers. Acquisitions of shares will be managed by an investment firm or credit institution that makes its trading decisions regarding the timing of the acquisitions of Byggfakta's shares independently of Byggfakta.
The repurchase of own shares related to LTIP 2023/2026 is subject to the following terms:
- Acquisitions may be made of no more than 930,000 shares in order to secure the delivery obligations of shares to participants in the LTIP 2023/2026
- The shares may only be acquired on Nasdaq Stockholm in accordance with the Nasdaq Nordic Main Market Rulebook
- The authorisation may be exercised on one or more occasions, until the 2024 annual general meeting
- The shares may only be acquired at a price per share within the from time to time registered trading interval
Byggfakta's current holding of own shares
Byggfakta currently hold 2,200,000 of its own shares. The total number of outstanding shares in the company is 218,666,667.
About Byggfakta Group
Byggfakta Group, headquartered in Ljusdal, Sweden, with origins dating back to 1936, is a leading digital platform providing solutions connecting construction value-chain participants, maximising sales and improving efficiency for its customers. The Company's core offering lies across four product segments, targeting different stakeholders in the construction value chain, namely (i) Project Information – a business intelligence sales lead platform; (ii) Specification – specification software digitalising the specification writing process; (iii) Product Information – an online platform that allows suppliers to showcase their products online, and provides buyers with a comprehensive catalogue of curated construction products; and (iv) e-Tendering - eSourcing and eProcurement software.
For further information please contact:
Erik Kronqvist, Head of Investor Relations Tel: +46 (0) 70 697 22 22 Email: [email protected]
Homepage: www.byggfaktagroup.com