Transactions in connection with share buy-back program

Company announcement no. 34 - 23
11 July 2023

Transactions in connection with share buy-back program

On 8 May 2023 NTG Nordic Transport Group (“NTG”) announced a share buy-back program, as described in company announcement no. 17 - 23. The program will be executed in accordance with the principles of Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbor rules.

The purposes of the share buy-back program are to meet obligations relating to acquisition of minority shareholders’ shares in NTG subsidiaries under the “Ring-the-Bell” concept, cover obligations arising under share-based incentive programs, and potentially for other purposes such as payment in relation to potential M&A transactions.

Under the share buy-back program NTG will purchase its own shares for an aggregate maximum amount of DKK 125,000,000, up to 350,000 shares (nominally DKK 7,000,000), corresponding to 1.55% of the current share capital of NTG.

The share buy-back program will run from 9 May 2023 to 28 July 2023 at the latest, both days inclusive.

The following transactions have been made under the share buy-back program:

	Number of shares	Average purchase price (DKK)	Transaction value (DKK)
Accumulated, latest announcement	254,720		108,952,802
04 July 2023	7,000	451.2	3,158,620
05 July 2023	6,847	447.2	3,061,956
06 July 2023	7,700	440.4	3,391,173
07 July 2023	2,637	441.1	1,163,110
10 July 2023	5,432	444.7	2,415,501
Accumulated under the program	284,336		122,143,161

With the transactions stated above, NTG owns a total of 1,336,788 treasury shares, corresponding to 5.90% of the current share capital of NTG.

Details of each transaction are included as appendix.

Additional information

For additional information, please contact:

Investor relations: Christian D. Jakobsen, Group CFO	[phone] [e-mail]
Press: Camilla Marcher Lydom, Investor Relations & Corporate Communication Manager	[phone] [e-mail]

Attachments

• Company announcement no 34_2023
• Appendix_Company announcement no 34_2023