Kongsberg Automotive ASA ("KA") has finalized its treasury share purchase.
1. No further treasury shares will be purchased, with reference to the stock
exchange notification dated 12 August 2016. In total KA bought 1,000,000 shares
through broker at an average price of NOK 6.1212 per share. KA's total holding
of treasury shares after this transaction is 3,766,173 shares.
Investors / analysts:
Martin B. Hogganvik, CFO
Tel. +47 917 11 434
Philippe Toth, Executive Vice President, Business Development & IR
Tel: +47 982 14 021
Media:
Fredrik Tangeraas, Director, Corporate Communications
Tel: +47 924 64 699
About Kongsberg Automotive:
Kongsberg Automotive provides world class products to the global vehicle
industry. Our products enhance the driving experience, making it safer, more
comfortable and sustainable. With revenues of EUR 1.0 billion and 10,000
employees in 18 countries, Kongsberg Automotive is truly a global supplier. The
company is headquartered in Kongsberg, Norway and has 30 production facilities
worldwide. The product portfolio includes seat comfort systems, driver and
motion control systems, fluid assemblies, and industrial driver interface
products developed for global vehicle manufacturers. Find more information at
www.kongsbergautomotive.com