Notification of trades. Company announcement No. 94
Reference is made to company announcement No 90 of 23 August 2022, where the company announced its plan to buy up to 8,000,000 own shares in connection with the company`s share buy-back plan.
On 26 August, the company purchased 22.900 shares at an average price of 6,8862 NOK. An overview of the transactions, and a detailed specification of each individual trade, are attached to this announcement and available at www.newsweb.no.
After these transactions, ECIT AS owns a total of 1,239,716 shares, corresponding to 0.27 % of the company`s total registered share capital.
Transactions and specification overview
For further information please contact:
Iselin Paulsen, Head of Communication
+47 901 40 166
Mads Skovgaard, Group CFO
+45 2780 4942
ECIT was founded in 2013 and support a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a well-proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2021) of 2.6 billion NOK and +2,200 employees across 10 countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 130 acquisitions since 2013.
Read more at: www.ecit.com
Iselin is Head of communication and media relations in ECIT Group, and assists with Investor Relations. She has over 20 years of experience from strategic communication and stakeholder management in public and private sectors and advises top management on communications, PR and investor relations. Iselin is passionate about improving Nordic competitiveness through stronger emphasis on competencies, innovation and sustainability across private and public sector.Read more articles from Iselin Paulsen