WALL TO WALL : RESOLVES ON REPURCHASE OF OWN ORDINARY SHARES

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Published: 2024-04-15 15:15:00 CEST Wall to Wall Group AB Changes in company's own shares WALL TO WALL GROUP AB RESOLVES ON REPURCHASE OF OWN ORDINARY SHARES The Board of Wall To Wall Group AB, reg. no 559309-8790, (the "Company") has resolved to repurchase a maximum of 1 317 372 own shares of series A for a total maximum amount of SEK 120 000 000. The resolution is made by virtue of the authorization granted by the Annual General Meeting held on 15 April 2024. The purposes of the repurchase program are hence to give the Company flexibility regarding its equity and thereby optimize the capital structure of the Company and, where applicable, for the Company's share-related incentive programs. The repurchase program will be carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The repurchase program will be managed by Carnegie Investment Bank AB (publ) ("Carnegie") that, based on the trading order given by the Company to Carnegie, makes its trading decisions regarding timing of the acquisitions independently of the Company. The repurchase program resolved by the Board is subject to the following terms: Repurchases may be effected on Nasdaq Stockholm in accordance with Nasdaq Stockholm's Rulebook for Issuers of Shares (the "Rulebook") as well as in accordance with MAR and the Safe Harbour Regulation. Repurchases may also be made through block trades in accordance with applicable rules. Repurchases may be made on one or several occasions until the Annual General Meeting 2025. Repurchases may only be effected at a price per share within the price interval applying on Nasdaq Stockholm from time to time, which refers to the interval between the highest buying price and the lowest selling price continuously disseminated by Nasdaq Stockholm, and in accordance with the restrictions relating to price in the Safe Harbour Regulation. Repurchases may only be effected in accordance with the restrictions regarding volume for acquisitions of own shares stated in the Rulebook and in the Safe Harbour Regulation. A maximum of 1 317 372 own ordinary shares may be repurchased for a total maximum amount of SEK 120 000 000. Payment for shares shall be made in cash. The total number of shares in the Company as of the date of this notice amounts to 13,817,291, of which 11,817,291 consist of shares of series A and 2,000,000 consist of shares of series B. The Company holds 64 357 shares of series B. Contacts Linus Marmstedt, Acting CFO [phone] [e-mail] About Wall to Wall Group AB Wall to Wall's operations are mainly conducted via the subsidiary Wall to Wall, which is active within property related pipe flushing and relining. Wall to Wall's customers mainly consist of commercial property managers and housing cooperatives. Wall to Wall Group has a clear growth strategy with a focus on both acquisitions and organic growth, including through greenfieldings in new locations. The head office is located in Stockholm. Attachments: WALL TO WALL GROUP AB RESOLVES ON REPURCHASE OF OWN ORDINARY SHARES.pdf This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices To subscribe on regulatory news from this company, go to the subscription page