With reference to our previously press releases ABG Sundal Collier Holding ASA has agreed with 4 partners to extend their forward contracts of a total of 1,328,000 shares with settlement 1 June 2021.
New forward prices for the extended forward contracts have been calculated as follows:
Adjusted
Number of Initial forward price as New New forward
shares forward price of 1 June 2020 maturity date price
500,000 2.99 2.60 01/06/2021 2.63
828,000 3.37 2.98 01/06/2021 3.02
Following the transactions above the company has forward contracts with partners for a total of 98,086,300 shares with settlement in 2021 – 2025. The company owns 30,318,571 treasury shares. ABGSC has authorization to re-purchase its shares in the market or to issue new shares.
Contacts:
Geir B. Olsen CFO +47 22 01 60 00