Reference is made to the stock exchange announcement from Gram Car Carriers ASA
("GCC" or the "Company") of 8 May 2023 and 16 May 2023, and 30 May 2023
regarding the repurchase program of up to 300,000 own shares. The repurchase
program is based on the authorizations given to the board by the Company's
annual general meeting held on 12 May 2022 and 12 May 2023. The current
repurchase program is valid until 31 August 2023. The following repurchases have
been made between 19 May 2023 and 8 June 2023 in accordance with the "safe
harbor" rules, which includes a limitation of 25% of the average daily volume
traded in the last 20 trading days:
Total previously published repurchases under the program:
Date Volume Average price Total cost (NOK)
31.05.2023 13,236 169.7096 2,246,276
01.06.2323 14,738 169.4922 2,497,976
02.06.2023 12,811 164.9994 2,113,807
05.06.2023 13,049 164.1909 2,142,527
06.06.2023 12,447 163.0799 2,029,856
07.06.2023 9,620 167.1172 1,607,667
08.06.2023 6,996 168.4812 1,178,694
Total previously published repurchases under the program:
Volume Average price Total cost (NOK)
163,162 168.8495 27,549,818
Total repurchases under the program:
Volume Average price Total cost (NOK)
246,059 168.1167 41,366,622
A detailed overview of all completed transactions under the repurchase program
carried out during the above time period (19 May 2023 - 8 June 2023) is
attached hereto. At present date, GCC owns 246,059 treasury shares in the
Company, corresponding to 0.84% of GCC's share capital. For further information,
please contact: CFO: Gunnar S. Koløen Telephone: +65 9176 6661 E
-mail: gunnar.koloen@gramcar.com Head of Projects and IR : Mas Gram Telephone:
+47 954 10 093 E-mail: mas.gram@gramcar.com This information is published in
accordance with the Market Abuse Regulation (EU) 596/2014 Article 5, as
supplemented by delegated Commission Regulation (EU) 2016/1052, and is subject
to disclosure requirements in accordance with the Securities Trading Act § 5-12.