Buy-back of shares in Hemnet on 24 April 2023 – share buy-back program completed

Hemnet Group AB (publ) (LEI code: 5493008VIU67J3HUAR07) ("Hemnet") has on  24 April 2023 repurchased in total 11,000 own ordinary shares (ISIN code: SE0015671995) as part of the share buy-back program initiated by the board of directors of Hemnet in order to adjust Hemnet's capital structure. A total number of 3,057,549 ordinary shares have been repurchased for a total amount of SEK 449,238,033 in the share buy-back program that was announced on 13 May 2022 and the share buy-back program is therefore completed.

The share buy-backs form part of the share buy-back program of maximum SEK 450,000,000 announced by Hemnet on 13 May 2022, which is now completed. The share buy-back program has been carried out in accordance with the EU Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) 2016/1052 (the "Safe Harbour Regulation").

Ordinary shares in Hemnet has on 24 April 2023 been repurchased in accordance with the following:
 

 
All acquisitions have been carried out on Nasdaq Stockholm by Carnegie Investment Bank AB (publ) on behalf of Hemnet. Following the above listed repurchases, Hemnet's holding of own shares as per 24 April 2023 amounts to 3,114,549 ordinary shares. The total number of shares in Hemnet is 101,131,478.

A full breakdown of the transactions on 24 April 2023 pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

For more information, please contact:

Press enquiries

Staffan Tell, Head of PR
M: +46 733 67 66 85
E: staffan.tell@hemnet.se

IR enquiries
Jens Melin, Interim CFO
M: +46 709 99 33 59
E: jens.melin@hemnet.se

Nick Lundvall, IR Manager & Head of Corporate Development
M: +46 76 145 21 78
E: nick.lundvall@hemnet.se

About Hemnet
Hemnet operates the leading property platform in Sweden. The company emerged as an industry initiative in 1998 and has since transformed into a "win-win" value proposition for the housing market. By offering a unique combination of relevant products, insights and inspiration, Hemnet has built lasting relationships with buyers, sellers, and agents for more than 20 years. Hemnet shares a mutual passion for homes with its stakeholders and is driven by being an independent go-to-place for people to turn to for the various housing needs that arise through life. This is mirrored in the Company’s vision to be the key to your property journey, supplying products and services to improve efficiency, transparency and mobility on the housing market. Hemnet is listed on Nasdaq Stockholm (‘HEM’).

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