LINK Mobility - Transactions and completion of company share repurchase program

17 Oct 2024 07:00 CEST

Oslo, Norway, 17 October 2024. LINK Mobility Holding ASA (“LINK Mobility” or the
“Company”) (OSE: LINK) announced a new share repurchase program on 12 June 2024
to repurchase an additional up to 8.69 million of the Company’s shares in open
market transactions on the OSE, totaling up to 17 million shares including the
8.31 million shares repurchased under the program completed on 30 May 2024. The
new program was set out to be conducted during the period from 12 June 2024
until the last day prior to the annual general meeting 2025, and in no event
later than 29 June 2025.

For the period from 14 October to 16 October 2024, Arctic Securities AS, on
behalf of LINK Mobility, purchased a total of 510,000 shares at an average price
of NOK 25.26 per share.

Following the repurchase of the above shares, the maximum number of 8,690,000
shares have been repurchased by LINK Mobility during the period from 12 June to
16 October 2024, and the program is now completed. The shares under the program
have been repurchased at an average price of NOK 21.91 per share. The
transactions effected through the agreement with Arctic Securities AS comprise
all the transactions effected by or on behalf of LINK Mobility during the
repurchase period.


Overview of transactions
+-----------------------------+-----------------------+------------------------+
--------------------+
| | Aggregated daily | Weighted average |
Total daily |
| | volume (number of | share price per |
transaction value |
| Date | shares) | day (NOK) |
(NOK) |
+-----------------------------+-----------------------+------------------------+
--------------------+
| 14.10.24 | 230,000 | 24.48 |
5,860,400 |
+-----------------------------+-----------------------+------------------------+
--------------------+
| 15.10.24 | 230,000 | 25.07 |
5,765,732 |
+-----------------------------+-----------------------+------------------------+
--------------------+
| 16.10.24 | 50,000 | 25.11 |
1,255,720 |
+-----------------------------+-----------------------+------------------------+
--------------------+
| | | |
|
+-----------------------------+-----------------------+------------------------+
--------------------+
| Previous transactions | 8,180,000 | 21.70 |
177,520,395 |
+-----------------------------+-----------------------+------------------------+
--------------------+
| | | |
|
+-----------------------------+-----------------------+------------------------+
--------------------+
| Program total | 8,690,000 | 21.91 |
190,402,247 |
+-----------------------------+-----------------------+------------------------+
--------------------+


Following the completion of the above transactions, LINK Mobility owned a total
of 16,392,369 of its own shares, corresponding to 5.49% of LINK Mobility's share
capital.

An overview of all transactions made under the Company’s repurchase program and
its agreement with Arctic Securities that have been carried out during the
above-mentioned time period is attached to this report and available at
www.newsweb.no.


For further information, please contact

Morten Løken Edvardsen, CFO & VP Investor Relations
+47 90 56 15 89
ir@linkmobility.com


About LINK Mobility

LINK is an award-winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has more than 50,000 active customer accounts globally
and exchanges more than 18 billion messages a year. LINK is listed on the Oslo
Stock Exchange under the ticker LINK. For more information about LINK, please
see www.linkmobility.com and follow LINK Mobility on LinkedIn.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and article 5 of the European
Market Abuse Regulation.

More information:
Access the news on Oslo Bors NewsWeb site

629757_LINK buyback trades 14 Oct - 16 Oct.pdf