Reference is made to company announcement No 156 of 10 May 2023, where thecompany announced its plan to buy own shares for a total maximum amount of NOK 12,500,000.
From 23 May until 1 June the company purchased 195,000 shares at an average price of 7.80607 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 2,505,049 shares, corresponding to 0.553 % of the company`s total registered share capital.
Transactions and specification overview.pdf
Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a full-year proforma revenue of 3.1 billion NOK per Q1 2023 and more than 2,300 employees across ten countries. M&A has been key to drive the Company's growth as ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com
For further information please contact:
Mads Skovgaard, Group CFO
+45 2780 4942