Repurchase of shares in Nobina
During the period 28 November - 4 December 2019, Nobina AB (publ) (“Nobina”) repurchased a total of 182,461 Nobina shares within the framework of the repurchase programme introduced by the Board of Directors to meet the requirements arising under Nobina’s Share Saving Scheme, meaning securing the delivery of Performance Shares to the participants and securing and covering the costs for any social security contributions that may arise. The repurchase programme, which Nobina announced on 29 October 2019, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”).
During the period 28 November - 4 December 2019, shares in Nobina have been repurchased as set out below.
|Date||Aggregated daily volume (number of shares)||Weighted average price per day (SEK)||Total daily transaction value (SEK)|
All acquisitions were carried out on Nasdaq Stockholm by Pareto Securities AB on behalf of Nobina. Following the above acquisitions, Nobina’s holding of treasury shares amounted to 2,038,983 as per 4 December 2019. The total number of shares in Nobina is 88,355,682.
A full breakdown of the transactions conducted according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this press release. Since 30 October 2019 up to and including 4 December 2019, a total of 792,329 shares have been repurchased within the scope of the programme. A maximum of 961,667 shares in total may be repurchased. For information about all transactions carried out under the repurchase programme, refer to Nasdaq Stockholm’s website:
The information was published, through the agency of the contact persons mentioned below, on 5 December 2019 at 4:50 p.m.
For further information, please contact:
Mattias Gelinder, Head of Treasury & IR, +46 72 967 02 61
David Erixon, Head of Communications, +46 72 967 02 84
Nobina is the largest and most experienced public bus transport service provider in the Nordic region. The company’s expertise in prospecting, tendering and active management of public bus transport contracts in combination with long-term delivery quality makes Nobina the industry leader in terms of profitability, development and initiatives that promote a healthier industry. Every day, Nobina ensures that close to one million people arrive at work, school or other activities by delivering contracted public bus transport services in Sweden, Norway, Finland and Denmark. In addition, Nobina offers special public transport services under the brand Samtrans in the Swedish market. The company has sales exceeding SEK 10 billion (2018/19), 11,600 employees and is headquartered in Solna, Stockholm. For more information, see Nobina’s website: www.nobina.com.