Reference is made to the stock exchange release of ABG Sundal Collier Holding ASA (“ABGSC” or the "Company") dated 13 February 2023 regarding an offer to buy back shares for up to NOK 50,000,000. ABGSC used the right to make amendment to the offer, so the Company has purchased 9,637,273 shares at a price of NOK 6.70 per share.
In addition, with reference to our press release of 26 February 2018, partners today purchased 1,400,000 ABG-shares from ABGSC as settlement of forward contracts that were previously entered into. The shares were sold at a price of NOK 2.56 per share. The initial agreed price of NOK 6.00 has been adjusted for dividends and interest adjustments.
ABGSC owns 13,906,251 treasury shares following the transactions above. ABGSC has forward contracts with partners purchasing a total of 80,375,700 shares with settlement in 2023 – 2028. ABGSC has authorization to re-purchase its shares in the market or to issue new shares.
Jonas Ström, CEO +46 8 566 294 68
Geir B. Olsen, CFO +47 22 01 60 35