Transaction in Own Shares • Jun 15, 2022
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 2022 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 2022.
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 800,000 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 entrepreneur-driven companies that provide software and digital services to markets in which the group have or can achieve a leading position. We are a leading global supplier of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway.
We are 2,300 employees in Sweden, UK, Germany, Australia, Austria, Canada, Denmark, Finland, France, India, Ireland, Japan, Lithuania, Netherlands, Norway, Poland, Serbia, Slovakia, and USA. Net sales in 2021 amounted to SEK 4.1 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm. 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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