Northern Data AG, DE000A0SMU87

Northern Data AG / DE000A0SMU87

05.01.2024 - 13:15:57

Northern Data AG: ART Beteiligungs Management GmbH, ART Beteiligungs Management GmbH has irrevocably instructed a bank under a standing order to purchase shares in Northern Data AG in a ...


Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

05.01.2024 / 13:15 CET/CEST
The issuer is solely responsible for the content of this announcement.


1. Details of the person discharging managerial responsibilities / person closely associated

a) Name
Name and legal form: ART Beteiligungs Management GmbH

2. Reason for the notification

a) Position / status
Person closely associated with:
Title:
First name: Aroosh
Last name(s): Thillainathan
Position: Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name
Northern Data AG

b) LEI
391200LB6JA3HAQWTS32 

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code
Type: Share
ISIN: DE000A0SMU87

b) Nature of the transaction
ART Beteiligungs Management GmbH has irrevocably instructed a bank under a standing order to purchase shares in Northern Data AG in a market-friendly manner for up to EUR 9 million per month, up to a total of EUR 30 million, in the period from 8 January 2024 (inclusive) to 8 May 2024 (inclusive). Insofar as the purchase is made via the stock exchange, however, the maximum volume of the daily purchase on the stock exchange may not exceed 25% of the average daily XETRA trading volume of the company's shares on the Frankfurt Stock Exchange on the 20 (twenty) trading days prior to the respective purchase date. With the exception of the maximum purchase volume of EUR 30 million, the volume limits specified in the preceding sentences do not apply to over-the-counter (OTC) purchases.

c) Price(s) and volume(s)
Price(s) Volume(s)
not numberable not numberable

d) Aggregated information
Price Aggregated volume
not numberable not numberable

e) Date of the transaction
05/01/2024; UTC+1

f) Place of the transaction
Outside a trading venue



05.01.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English
Company: Northern Data AG
An der Welle 3
60322 Frankfurt/Main
Germany
Internet: www.northerndata.de

 
End of News EQS News Service

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