Intertrust share repurchase periodic update (18 – 22 October 2021)
25 Oktober 2021 - 05:45PM
Intertrust share repurchase periodic update (18 – 22 October 2021)
Amsterdam, the Netherlands – 25 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 74,217 ordinary
Intertrust shares at an average price of EUR 13.6594 per share in
the period from 18 October 2021 up to and including 22 October
2021. The aggregate consideration for this repurchase was EUR 1.0
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 22 October 2021 is 288,772 shares for a total aggregate
consideration of EUR 3.9 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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