Link Mobility Group Holding ASA

16/07/2024 | Press release | Distributed by Public on 16/07/2024 12:00

LINK Mobility - Transactions made under new Company share repurchase program

LINK Mobility - Transactions made under new Company share repurchase program

16 Jul 2024 07:00 CEST

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Issuer

Link Mobility Group Holding

Oslo, Norway, 16 July 2024. LINK Mobility Holding ASA ("LINK Mobility" or the
"Company") (OSE: LINK) announced a new share repurchase program on 12 June 2024
to repurchase an additional up to 8.69 million of the Company's shares in open
market transactions on the OSE, totaling up to 17 million shares including the
8.31 million shares repurchased under the program completed on 30 May 2024. The
new program will be conducted during the period from 12 June 2024 until the last
day prior to the annual general meeting 2025, and in no event later than 29 June
2025.

For the period from 8 July to 12 July 2024, Arctic Securities AS, on behalf of
LINK Mobility, purchased a total of 270,000 shares at an average price of NOK
20.06 per share. The transactions effected through the agreement with Arctic
comprise all the transactions effected by or on behalf of LINK Mobility during
the period.

Overview of transactions
+-----------------------------+------------------------+------------------------
+--------------------+
| | Aggregated daily | Weighted average |
Total daily |
| | volume (number of | share price per |
transaction value |
| Date | shares) | day (NOK) |
(NOK) |
+-----------------------------+------------------------+------------------------
+--------------------+
| 08.07.24 | 50,000 | 20.15
| 1,007,340 |
+-----------------------------+------------------------+------------------------
+--------------------+
| 09.07.24 | 80,000 | 20.11
| 1,608,576 |
+-----------------------------+------------------------+------------------------
+--------------------+
| 10.07.24 | 30,000 | 19.98
| 599,460 |
+-----------------------------+------------------------+------------------------
+--------------------+
| 11.07.24 | 30,000 | 20.08
| 602,526 |
+-----------------------------+------------------------+------------------------
+--------------------+
| 12.07.24 | 80,000 | 19.97
| 1,597,576 |
+-----------------------------+------------------------+------------------------
+--------------------+
| | |
| |
+-----------------------------+------------------------+------------------------
+--------------------+
| Previous transactions | 1,570,000 | 20.62
| 32,366,920 |
+-----------------------------+------------------------+------------------------
+--------------------+
| | |
| |
+-----------------------------+------------------------+------------------------
+--------------------+
| Accumulated to date | 1,840,000 | 20.53
| 37,782,398 |
+-----------------------------+------------------------+------------------------
+--------------------+

Following the completion of the above transactions, LINK Mobility owned a total
of 10,150,000 of its own shares, corresponding to 3.40% of LINK Mobility's share
capital.

An overview of all transactions made under the Company's repurchase program and
its agreement with Arctic Securities that have been carried out during the
above-mentioned time period is attached to this report and available at
www.newsweb.no.

For further information, please contact

Morten Løken Edvardsen, CFO & VP Investor Relations
+47 90 56 15 89
[email protected]

About LINK Mobility

LINK is an award-winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has more than 50,000 active customer accounts globally
and exchanges 17 billion messages a year. LINK is listed on the Oslo Stock
Exchange under the ticker LINK. For more information about LINK, please see
www.linkmobility.com and follow LINK Mobility on LinkedIn.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and article 5 of the European
Market Abuse Regulation.

More information:
Access the news on Oslo Bors NewsWeb site

623687_LINK buyback trades 08 July - 12 July.pdf

Source

Link Mobility Group Holding ASA

Provider

Oslo Børs Newspoint

Company Name

LINK MOBILITY GROUP HOLDING, Link Mobility Gro ASA 20/25 3.375 EUR

ISIN

NO0010894231, NO0010911506

Symbol

LINK

Market

Oslo Børs