The Board of Directors of AF Gruppen ASA (AFG) has decided to go through with the Company’s share purchase program for employees.
805 employees have subscribed a total of 1,000,000 shares. The shares are subscribed at a price of NOK 135.00 per share, which corresponds to a 20 per cent discount compared to the average market price during the subscription period.
In connection with this, the Board has decided to sell 233,169 of the Company’s own shares. The Company’s holding of own shares after this transaction will be 0 shares.
The Board has also decided to issue 766,831 shares towards Company employees, in accordance with the Power of Attorney given by the General Assembly May 15 2025.
The Company’s share capital will increase by NOK 38,342 after the issue of 766,831 shares with a nominal value of NOK 0.05 per share. When the share issue is completed, the number of shares in AF Gruppen ASA will be 110,056,631. New share capital in AF Gruppen ASA will be NOK 5,502,832.
The sale and issue of shares is expected to be completed by October 31st 2025.
A new certificate of registration will be submitted to Oslo Stock Exchange when it is available.