Launch of new share buyback programme in Q4 2025
27.10.2025 17:41:45 CET | Vend Marketplaces ASA | Inside information
27.10.2025 17:41:45 CET | Vend Marketplaces ASA | Inside information
The Board of Directors of Vend Marketplaces ASA (“Vend” or the “Company”) has resolved to initiate a share buyback programme to be launched during the fourth quarter of 2025. The Company intends to commence the programme following completion of the announced share issue, which is being carried out in connection with the combination of the Company’s share classes.
The share buyback programme will comprise purchases for a total consideration of up to NOK 2 billion.
Following the payout of the extraordinary cash dividend and the successful tender offer to buy back shares in June, the new share buyback programme underpins Vend’s disciplined approach to capital allocation for sustainable value creation. It also reflects our solid financial position and continued confidence in Vend’s long-term prospects,” said Per Christian Mørland, CFO of Vend.
The buyback will be conducted in accordance with the authorisation granted to the Board of Directors by the Extraordinary General Meeting held on 22 October 2025, and will run from the launch date (to be announced separately) until no later than 30 June 2026.
Vend will enter into a non-discretionary agreement with an independent third party who will execute the share repurchases on behalf of the Company and make all trading decisions independently of Vend.
The purpose of the share buyback is to reduce the share capital of the Company and to acquire shares for use in Vend’s employee share saving plan and long-term incentive plans. Except for shares to be used in such employee-related programmes, the Company intends to seek approval from the Annual General Meeting for the cancellation of the remaining shares repurchased under the programme.
The buyback will be carried out in accordance with Regulation (EU) No 596/2014 (the Market Abuse Regulation) and Commission Delegated Regulation (EU) No 2016/1052 (the Safe Harbour Regulation).
Further details of the share buyback programme will be announced prior to its launch.
Oslo, 27 October 2025
Vend Marketplaces ASA
DISCLOSURE REGULATIONThis information is made public by Vend pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
CONTACTS* Jann-Boje Meinecke, SVP FP&A and Investor Relations, +47 941 00 835, ir@vend.com
* Simen Bjølseth Madsen, Investor Relations Manager, + 47 992 73 674, ir@vend.com