the nordic region’s largest and most experienced public transport company
Repurchase of shares in Nobina
During the period 29 October – 1 November 2018, Nobina AB (publ) (“Nobina”) repurchased a total of 218,024 Nobina shares within the framework of the repurchase programme introduced by the Board of Directors to meet the requirements arising under Nobina’s Share Saving Scheme, meaning securing the delivery of Performance Shares to the participants and securing and covering the costs for any social security contributions that may arise. The repurchase programme, which Nobina announced on 1 October 2018, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”).
Nobina enters into agreement to acquire De Blaa Omnibusser
Nobina has entered into an agreement to acquire the public transport company DBO Busser Holding A/S “De Blaa Omnibusser” in Denmark. The acquisition encompasses a business with approximately 65 buses and 225 employees in tendered regular services in north Zealand. The total purchase price amounts to a fixed consideration of DKK 210 million on a cash and debt-free basis. The acquisition is in line with Nobina’s strategy to grow in the Nordic market and the transaction will add three new contracts with annual sales of about DKK 160 million.