Intertrust N.V. share repurchase periodic update (5 March - 9 March 2018)
Amsterdam, the Netherlands - 13 March 2018 - Intertrust N.V. ("Intertrust" or "Company") [Euronext: INTER], a leading global provider of high-value trust, corporate and fund services, today announces that it has repurchased 107,088 ordinary Intertrust shares at an average price of EUR 17.2959 per share in the period from 5 March 2018 up to and including 9 March 2018.
The aggregate consideration for this repurchase was EUR 1.85 million. This repurchase was made as part of the Company's share repurchase programme, which was announced on 13 November 2017.
The total number of shares repurchased under this programme up to and including 9 March 2018 is 1,958,686 shares for a total aggregate consideration of EUR 30.31 million.
Approximately 850,000 shares will be used for employee stock ownership and incentive plans vesting in 2018 and 2019, with the remainder of the repurchased shares to be cancelled (after approval by the general meeting of shareholders). Further details on the share repurchase transactions can be found on the Company's website.
This press release contains information which is to be made publicly available under the Market Abuse Regulation (EU) No 596/2014.
For further information
Intertrust N.V. email@example.com
Marieke Palstra Tel: +31 20 577 1157
Director of Investor Relations and Corporate Communications