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The Board of Directors of Addnode Group has resolved on repurchase of own class B shares

MARKN.

The Board of Directors of Addnode Group has today utilised the authorisation from the Annual General Meeting held on 4 May 2023 and resolved to repurchase own class B shares.

The purpose of the repurchase is to enable delivery of shares related to completion of Addnode Group’s long-term share-based incentive plans, mainly LTIP 2023.

The repurchase of own class B shares will be conducted in accordance with the Nordic Main Market Rulebook for Issuers of Shares. The repurchases will be conducted in accordance with the following conditions:

  • Acquisitions may be conducted on one or more occasions during the period until the next Annual General Meeting.
  • A maximum of 180,000 class B shares may be repurchased.
  • Repurchases of shares are to be conducted on Nasdaq Stockholm and at a price per share that is within the registered spread of share prices, by which is meant the spread between the highest price paid and the lowest asked.
  • Payment for the shares shall be made in cash.

Reporting of repurchases will be made to Nasdaq Stockholm in accordance with applicable rules.

As per the date of this press release, the total number of shares in Addnode Group amount to 134,528,232, of which 3,948,696 are class A shares and 130,579,536 are class B shares. Addnode Group holds 1,030,000 own class B shares as per the date of this press release.

For more information, please contact:
Lotta Jarleryd, CFO, Addnode Group
Phone: +46 (0) 72 247 92 01
E-mail: lotta.jarleryd@addnodegroup.com

About Addnode Group
Addnode Group acquires, operates and develops cutting edge enterprises that digitalise society. We are a leading global provider of software and services for design, construction, product data, and facility management. We also support the public sector with document and case management solutions. By acquiring new businesses and providing a growth platform for our subsidiaries, we create sustainable value growth.

Addnode Group has 2,500 employees and consists of around 20 companies with geographical presence in 19 countries across four continents. Net sales in 2022 amounted to SEK 6.2 billion. Addnode Group's Series B share is listed on Nasdaq Stockholm, in the Large Cap segment. For more information, please visit: www.addnodegroup.com.

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The Board of Directors of Addnode Group has resolved on repurchase of own class B shares

Datum 2023-06-13, kl 17:40
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The Board of Directors of Addnode Group has resolved on repurchase of own class B shares
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