Intertrust share repurchase periodic update (11 – 15 October 2021)
18 Oktober 2021 - 05:45PM
Intertrust share repurchase periodic update (11 – 15 October 2021)
Amsterdam, the Netherlands
– 18 October 2021
– Intertrust N.V. (“Intertrust” or “Company”)
[Euronext: INTER], a global leader in providing
tech-enabled fund and corporate solutions, today announces
that it has
repurchased 78,500 ordinary Intertrust shares
at an average price of EUR 13.7102 per share in the
period from 11 October 2021 up to
and including 15 October 2021. The
aggregate consideration for this repurchase was
EUR 1.1 million. This repurchase was made as
part of the Company’s share repurchase programme, which was
announced on 27 September 2021. The total
number of shares repurchased under this programme up to and
including 15 October 2021
is 214,555 shares for a total aggregate consideration of
EUR 2.9 million. A portion of the repurchased shares
will be used for existing employee stock ownership plans which will
vest in 2022, 2023 and 2024. The remainder of the repurchased
shares are intended to be cancelled after approval by the
general meeting of shareholders. This press release
contains information which is to be made publicly available under
the Market Abuse Regulation (EU) No 596/2014.
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