Transaction in Own Shares • Jun 13, 2023
Transaction in Own Shares
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The Board of Directors of Addnode Group has today utilised the authorisation from the Annual General Meeting held on 4 May 2023 and resolved to repurchase own class B shares.
The purpose of the repurchase is to enable delivery of shares related to completion of Addnode Group's long-term share-based incentive plans, mainly LTIP 2023.
The repurchase of own class B shares will be conducted in accordance with the Nordic Main Market Rulebook for Issuers of Shares. The repurchases will be conducted in accordance with the following conditions:
Reporting of repurchases will be made to Nasdaq Stockholm in accordance with applicable rules.
As per the date of this press release, the total number of shares in Addnode Group amount to 134,528,232, of which 3,948,696 are class A shares and 130,579,536 are class B shares. Addnode Group holds 1,030,000 own class B shares as per the date of this press release.
Lotta Jarleryd, CFO, Addnode Group Phone: +46 (0) 72 247 92 01 E-mail: [email protected]
Addnode Group acquires, operates and develops cutting edge enterprises that digitalise society. We are a leading global provider of software and services for design, construction, product data, and facility management. We also support the public sector with document and case management solutions. By acquiring new businesses and providing a growth platform for our subsidiaries, we create sustainable value growth.
Addnode Group has 2,500 employees and consists of around 20 companies with geographical presence in 19 countries across four continents. Net sales in 2022 amounted to SEK 6.2 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm, in the Large Cap segment. For more information, please visit: www. addnodegroup.com.
The Board of Directors of Addnode Group has resolved on repurchase of own class B shares
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