Economia
Implementation of share buyback programme
Nasdaq Copenhagen
Euronext Dublin
London Stock Exchange
Danish FSA
Other stakeholders
Date 28 January 2025
Implementation of share buyback programme
In accordance with the corporate announcement pf 20 November 2024, the bank will implement a new share buyback programme of DKK 500 million for cancellation at a future general meeting.
The share buyback programme is based on the general authority which the bank's annual general meeting of 28 February 2024 granted to the board of directors, enabling the bank to acquire its own shares.
The share buyback programme runs in the period 28 January 2025 up to and including 28 May 2025 provided that the forthcoming annual general meeting, to be held on 5 March 2024, gives the board a new authority to permit the bank to acquire its own shares.
During the period the bank will thus buy back its own shares for a total of up to DKK 500 million under the programme, but to a maximum of 800,000 shares.
The share buyback programme will be implemented in compliance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) No 2016/1052 of 8 March 2016, which together constitute the Safe Harbour rules.
The bank may suspend or stop the buyback of shares at any time, in which event a corporate announcement will be issued.
The conditions for the share buyback programme are as follows:
Yours faithfully
Ringkjøbing Landbobank
John Fisker
CEO
Attachment
2321 Rosecrans Avenue. Suite 2200
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