|Company announcement |
Company Registration no. 37427497
29 September 2016
Employee IPO Award and related capital increase
With reference to company announcement no. 9 dated 23 September 2016, Nets A/S' ("Nets") Board of Directors has today resolved to award a number of shares to around 2,500 employees across the Nets group (the "Employee IPO Award") by way of issuance of bonus shares in accordance with Clause 3.4 of Nets' Articles of Association.
The shares were awarded free of payment and each eligible employee was awarded a number of shares based on a price per share of DKK 150 (being the offer price per share in the IPO of Nets) and for a maximum amount of DKK 25,000. Accordingly, Nets has issued 411,094 shares (at par value) each with a nominal value of DKK 1.
Following the share capital increase, the total nominal share capital of Nets is DKK 200,411,094, divided into 200,411,094 shares, each with a nominal value of DKK 1. Each share carries one vote at general meetings. Updated Articles of Association are available at www.nets.eu .
The shares issued under the Employee IPO Award will be delivered under the permanent ISIN (DK0060745370) on 30 September 2016, which will also be the first day of trading on Nasdaq Copenhagen A/S for these shares.
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For additional information, please contact
Karsten Anker Petersen, Head of Group Communications
Lars Østmoe, Head of Investor Relations
+45 29 48 78 83
+47 913 47 177
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nets A/S via Globenewswire