Company announcement no 12/2020 Repurchase of bonds

Repurchase of bonds

Idavang has since announcement no. 5 repurchased 3,5 mEUR bonds (total 7.6 mEUR from 31.12.2019) with average price 98,20, hence Idavang A/S now owns 8,8 mEUR own bonds (10,4% of bond issue).  

Idavang will each time we breach 5% of Bond principal will announce it to the market.

Idavang will continue to repurchase bonds for most of the surplus liquidity from operations to lower leverage.

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