With reference to our press release of 26 April 2018, ABG Sundal Collier Holding ASA (“ABGSC”) today sold 350,000 ASC-shares to a departed partner as settlement of forward contracts previously entered into. The shares were sold at a price of NOK 4.81 per share. The previously agreed price of NOK 6.42 per share is adjusted for dividends and earlier settlement of the forward contract.
In addition, ABGSC purchased 350,000 ASC-shares from the departed partner at a price of NOK 4.81 per share.
ABGSC owns 29,363,571 treasury shares following the transactions above. ABGSC has forward contracts with partners purchasing a total of 96,531,300 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