On August 31, 2022, a reduction of the share capital in Net Insight AB was completed by withdrawal of 21,175,000 B shares held by the company. The company's new holding of own shares amounts to 4,080,000 B shares, which corresponds to approximately 1.1% of the total numbers of shares and votes in the company.
The reduction of share capital by withdrawal of shares has been made in accordance with the resolution taken at the Annual General Meeting on May 13, 2022 and with authorization from the Swedish Companies Registration Office.
At the time of this press release, the total number of outstanding shares in Net Insight AB was 1,000,000 A shares and 367,758,009 B shares, in total 368,758,009 shares representing 377,758,009 votes in the company.
For further information, please contact:
Joakim Schedvins, CFO of Net Insight AB, 08-685 0400, joakim.schedvins@netinsight.net
About Net Insight
Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows.
For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud - from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is as the only platform to support all the major industry standards, protocols and clouds.
For more information, please visit netinsight.net
Twitter: @NetInsight, twitter.com/NetInsight
LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/
This information is information that Net Insight is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 2022-08-31 18:00 CEST.
Attachments
Reduction of Net Insight AB's share capital and notification regarding holding of own shares
August 31st, 2022|
More from ScheduAll
25/10/2022
Net Insight AB will publish its Interim report January - September 2022, on November 8, 2022 at 7:30 am CET. Following this report, a web presentation for media...
17/10/2022
Net Insight AB's nomination committee ahead of the 2023 annual general meeting has been convened in accordance with the principles for the nomination commit...
14/10/2022
Stockholm, Sweden - Net Insight's partner Geartech Technologies Inc has placed an order for a 5G pilot project with a leading telecom operator in Canada. Th...
08/09/2022
Stockholm, Sweden - Net Insight accelerates the development pace in media and continues the offensive investment in 5G sync. The company is strengthening the ma...
31/08/2022
On August 31, 2022, a reduction of the share capital in Net Insight AB was compl...
30/08/2022
Stockholm, Sweden - Net Insight announces the most significant upgrade to its Nimbra 1000 platform, introducing flexible and advanced ST 2110 functionality simp...
15/08/2022
Stockholm, Sweden - A leading American service provider has selected Net Insight for an integrated cloud and hardware solution including a license agreement in ...
20/07/2022
Strategic order in 5G synchronization
Positive trend for our cloud solution Nimbra Edge with two new deals and increased usage by our existing customers.
Th...
06/07/2022
Net Insight AB will publish its Interim report January - June 2022, on July 20, ...
30/06/2022
Stockholm, Sweden - Mobile operator Three Sweden ( Three') has selected Net Insight for synchronizing its 5G network. The companies have worked in close coo...
13/05/2022
On 13 May 2022, Annual General Meeting (the AGM ) in Net Insight AB (publ) was held in Solna. The resolutions mentioned below, among others, were passed. The b...
29/04/2022
Continuous growth and strong earnings
Our steady growth trend and progress in 5G synchronization continue, despite market uncertainties.
It was a strong sta...
22/04/2022
The Annual Report 2020 is now available on Net Insight's website.
The Annual Report 2020 can be downloaded in pdf format here.
A printed version of the An...
21/04/2022
Stockholm, Sweden - Net Insight today announces an expanded relationship with As...
13/04/2022
Net Insight AB will publish its Interim report January - March 2022, on April 29, 2022 at 7:30 am CEST. Following this report, a conference call with web presen...
01/04/2022
The shareholders in Net Insight AB (publ), reg. no. 556533-4397, with registered office in Solna, Sweden, are hereby summoned to the annual general meeting to b...
22/03/2022
After acquisitions completed in accordance with a repurchase program decided by the board, Net Insight AB's holding of own shares on March 22, 2022 amounted...
25/02/2022
The composition of Net Insight AB's nomination committee ahead of the 2022 annual general meeting has been changed after Martin Wallin, appointed by Lannebo...
23/02/2022
Net Insight's sync solution becomes fully PTP-standard compliant with synchr...
22/02/2022
Strong close to an eventful year
The year was characterized by a positive growth trend that continued into the fourth quarter, with revenue up by 19% year-on-...
08/02/2022
Net Insight AB will publish its Year-end report January - December 2021, on February 22, 2022 at 8:45 am CET. Following this report, a conference call with web ...
02/12/2021
Net Insight's automatable JPEG XS products for IP and Cloud deliver resource savings
Stockholm, Sweden - Net Insight announces the launch of JPEG XS applic...
12/11/2021
Net Insight's Cloud and IP media platform adds JPEG XS video compression off...
09/11/2021
Strong growth in the third quarter, followed by a big agreement in 5G synchronization
Q3 was the strongest in terms of revenue since Q2 2019, and sales in the...
09/11/2021
The Board of Net Insight AB has decided to utilize the repurchase mandate that was given by the AGM on May 13, 2022, and initiate a repurchase of own shares. Th...
01/11/2021
Stockholm, Sweden - Net Insight has signed a collaboration agreement with Turkis...
26/10/2021
Net Insight AB will publish its Interim report January - September 2021, on Nove...
25/10/2021
Net Insight's platforms bring lossless, synchronized, and broadcast-quality ...
04/10/2021
Net Insight AB's nomination committee ahead of the 2022 annual general meeting has been appointed based on the ownership structure as of August 31, 2021, in...
26/07/2021
Stockholm, Sweden - A Tier-1 integrated network service provider in North America, has selected Aperi, part of Net Insight's distributed IP media processing...
16/07/2021
Strategic initiatives ensure continued growth
After a cautious start to the year, sales and operating earnings are now increasing year-on-year, this is the th...
02/07/2021
Net Insight AB will publish its Interim report January - June 2021, on July 16, 2021 at 8:45 am CEST. Following this report, a conference call with web presenta...
07/05/2021
Net Insight Interim Report January - March 2021 Growth on a continued cautious market
Net Insight posted continued growth in the first quarter 2021 and revenu...
20/04/2021
Net Insight Annual Report 2020 published The Annual Report 2020 is now available on Net Insight's website.
The Annual Report 2020 can be downloaded in pdf ...
16/04/2021
Invitation to presentation of Net Insights Interim report January - March 2021 Net Insight AB will publish its Interim report January - March 2021, on April 20,...
06/04/2021
Net Insight announces closing of transaction to divest ScheduALL Stockholm, Sweden - Net Insight has today closed the transaction to divest ScheduALL to Xytech ...
01/04/2021
NEP Connect Selects Net Insight to Deliver IP Remote Production Net Insight future-proofs NEP Connect's IP transition to deliver next-generation remote prod...
31/03/2021
Red Bee selects Net Insight to deliver the next generation Media Trust Boundary for 100GE IP media services Stockholm, Sweden - Net Insight announces the succes...
25/03/2021
Net Insight to divest its ScheduALL business Stockholm, Sweden - Net Insight has...
25/02/2021
Correction: Net Insight Year-end Report January - December 2020 The financial figure Total cash flow for the Group during October - December 2020 in the previ...
23/02/2021
Invitation to presentation of Net Insights Year-end report 2020 Net Insight AB will publish its Year-end report January - December 2020, on February 23, 2021 at...
23/02/2021
Net Insight Year-end Report January - December 2020 Growth in the fourth quarter, but market uncertainty continues
Net Insight achieved growth again in the fo...
09/02/2021
Changes in Net Insight's organization and management Stockholm, Sweden - Net Insight reorganizes for increased focus, efficiency, and rapid agility in line ...
19/01/2021
VP People leaves Net Insight Stockholm, Sweden - Net Insight today announces that Vice President People Katarina Dufvenmark has decided to leave her position fo...
05/12/2020
Net Insight appoints VP Product Management Stockholm, Sweden - Net Insight today announced the appointment of Christer Bohm as Vice President Product Management...
18/11/2020
Net Insight selected to deliver a major network expansion for The Switch Stockholm, Sweden - Net Insight's next-generation Nimbra platform has been selected...
14/11/2020
Net Insight Interim Report January - September 2020 Quote from CEO Crister Fritzson: Several important product launches"
July - September 2020
Net sales amou...
05/11/2020
Net Insight boosts the benefits of cloud-based live media workflows Launches next-generation of Nimbra Edge, the industry's most open and agile cloud deli...
28/10/2020
Invitation to presentation of Net Insights Interim report January - September 2020 Net Insight AB will publish its interim report January - September 2020, on N...
22/10/2020
Net Insight's nomination committee for AGM 2021 In accordance with the decis...
On August 31, 2022, a reduction of the share capital in Net Insight AB was completed by withdrawal of 21,175,000 B shares held by the company. The company's new holding of own shares amounts to 4,080,000 B shares, which corresponds to approximately 1.1% of the total numbers of shares and votes in the company.
