SmartCraft ASA (SMCRT) - Transactions carried out under the share buy-back program
SmartCraft ASA | Acquisition or disposal of the issuer's own shares
Please see below information about transactions made under the share buy-back programme for SmartCraft ASA (“SmartCraft”) (Ticker: SMCRT NO).
From 25 April 2023 until 27 April 2023, under the last buy-back programme which ended 28 April 2023, SmartCraft has purchased a total of 39,145 own shares at an average price of NOK 19.8903 per share. Under the last buy-back programme, in the period 3 November 2022 to 27 April 2023, the Company purchased a total of 1,297,848 of its own shares at an average price of NOK 17.6339 per share.
Aggregated overview of transactions per day:
| Date | Aggregate daily volume (# of shares) | Weighted average price (NOK) | Total transaction value (NOK) |
| 25.04.2023 00:00:00 | 991 | 19.1132 | 18,941.15 |
| 26.04.2023 00:00:00 | 28,165 | 19.8818 | 559,971.40 |
| 27.04.2023 00:00:00 | 9,989 | 19.9913 | 199,692.60 |
In a stock exchange announcement dated 28 April 2023, SmartCraft ASA announced re-initation of its share buy-back programme.
The duration of the buy-back programme: 28 April 2022 until no later than the day before the Issuer's Annual General Meeting in 2024.
Size of the buy-back programme: Up to 3,430,446 shares, for a maximum consideration of NOK 85,000,000.
From 28 April 2023 until 9 May 2023, SmartCraft has purchased a total of 115,594 own shares at an average price of NOK 21.1861 per share.
Aggregated overview of transactions per day:
| Date | Aggregate daily volume (# of shares) | Weighted average price (NOK) | Total transaction value (NOK) |
| 28.04.2023 00:00:00 | 2,125 | 20.5000 | 43,562.50 |
| 02.05.2023 00:00:00 | 16,850 | 20.5192 | 345,748.80 |
| 03.05.2023 00:00:00 | 26,620 | 21.3956 | 569,551.80 |
| 04.05.2023 00:00:00 | 10,660 | 21.2895 | 226,945.90 |
| 05.05.2023 00:00:00 | 25,828 | 21.2774 | 549,553.30 |
| 08.05.2023 00:00:00 | 14,149 | 21.4183 | 303,048.13 |
| 09.05.2023 00:00:00 | 19,362 | 21.2054 | 410,579.50 |
| Previously disclosed buy-backs under the programme (aggregate) | 0 | n.a. | 0.00 |
| Total purchased under the programme | 115,594 | 21.1861 | 2,448,989.93 |
This information is published in accordance with the requirements in article 5 of the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Appendix: A detailed overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report.
Contacts
Kjartan Bø
CFO
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About SmartCraft ASA
SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to SME's in the construction sector. The company’s business model is highly scalable, based on 97% recurring revenue and low churn. The construction sector is among the least digitalized industries and represents a NOK 10bn software market in the Nordics, growing at a double-digit rate. SmartCraft’s solutions help customers to increase their productivity, margins, and resource efficiency.