Share buy-back programme

Udgivet den 29-11-2017  |  kl. 09:33  |  

The annual general meeting in February 2017 authorised the bank's board of directors to buy shares for up to DKK 170 million, for cancellation at a future general meeting. 

The bank has now completed its buy-back of shares under the programme, and shares were reserved as follows on 29 November 2017: 

  Number of shares
   
Average purchase price in DKK Transaction value
in DKK 1,000
Reserved on 14 March 2017 160,000 298.232 47,717
Reserved on 7 June 2017 135,000 320.035 43,205
Reserved on 13 September 2017 125,000 333.850 41,731
Reserved on 29 November 2017 118,000 315.512 37,230
Total reserved on 29 November 2017 538,000   169,883

The share buy-back programme has thus been fully utilised, and a recommendation will therefore be submitted to the bank's ordinary general meeting in February 2018 to cancel 538,000 shares, thus reducing the number of shares from 22,350,000 to 21,812,000 through the implementation of a capital reduction. 

Yours sincerely,
Ringkjøbing Landbobank
 
 
John Fisker           Jørn Nielsen

 

Vedhæftede filer:

Aktieopkøbsprogram 2017 afslutning UK.pdf

Udgivet af: NPinvestordk