With reference to our press releases of 10 March 2017, 26 February 2018 and 11 March 2019, ABG Sundal Collier Holding ASA (“ABG”) on 11 February sold 350,000 ABG-shares to a departing partner as settlement of forward contracts previously entered into. The shares were sold at an average price of NOK 3.3543 per share. The previously agreed prices of NOK 5.17, NOK 6.00 and NOK 4.01 per share is adjusted for dividends and earlier settlement of the forward contract.
In addition, ABG purchased 150,000 ABG-shares from the departing partner at a price of NOK 7.1926 per share, reflecting the restrictions imposed on partner shares.
ABG owns 26,710,071 treasury shares following the transactions above. ABG has forward contracts with partners purchasing a total of 94,052,800 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