Repurchase programme 2026
Repurchase programme 2026
The Board of Directors of Nelly Group AB (publ) ("Nelly") has, based on the authorisation from the Annual General Meeting on 18 May 2026, resolved to initiate a repurchase programme of own ordinary shares.
The repurchase programme will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the European Commission’s Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase of own ordinary shares will be carried out by Danske Bank A/S, Danmark, Sverige Filial, which will make its own trading decisions regarding ordinary shares in Nelly independently of and without influence from Nelly with respect to the timing of the repurchases. The maximum aggregate repurchase amount is SEK 30 million. The maximum number of ordinary shares that may be repurchased is 2,500,000, corresponding to no more than 8.18% of the total number of shares in the company. The company's holding may, however, at no time exceed ten (10) percent of the total number of shares in the company.
The purpose of the repurchases is to optimise the Company’s capital structure. The Board intends to propose that the repurchased shares be cancelled through a reduction of Nelly's share capital at the next Annual General Meeting.