With reference to our press releases of 10 March 2017 and 26 February 2018, ABG Sundal Collier Holding ASA (“ABGSC”) on 28 July 2020 sold 100,000 ASC-shares to a departing partner as settlement of forward contracts previously entered into. The shares were sold at an average price of NOK 3.81 per share. The previously agreed prices of NOK 5.17 and NOK 6.00 per share are adjusted for dividends and earlier settlement of the forward contracts.
In addition, ABGSC purchased 25,000 ASC-shares from the departing partner at a price of NOK 4.192 per share, reflecting the restrictions imposed on partner shares.
ABGSC owns 29,768,571 treasury shares following the transactions above. ABGSC has forward contracts with partners purchasing a total of 97,361,300 shares with settlement in 2021 – 2025. ABGSC has authorization to re-purchase its shares in the market or to issue new shares.
Geir B. Olsen, CFO +47 22 01 60 35