NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY IN UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.
Reference is made to the notice issued on 2 June 2025, where Wilh. Wilhelmsen Holding ASA (the "Company”) launched an offer to buy back up to 400,000 shares in the Company (the "Offering").
Based on feedback from investors, the Company intends to acquire shares in the Offering at a price between NOK 417.00 and NOK 427.00 for the A-shares and at a price between NOK 400.00 and NOK 410.00 for the B-shares.
The Offering is carried out by means of a reverse book building process within above price range, which ends on 3 June 2025 at 16:30 (CEST). The Company has mandated DNB Carnegie, a part of DNB Bank ASA as sole bookrunner. Shareholders wanting to sell shares in the Offering are required to complete and send the acceptance form to DNB Carnegie at demand@dnb.no before 3 June 2025 at 16:30 (CEST). Existing customers of DNB Carnegie can contact DNB Carnegie at +47 24 16 90 20 with their respective volume and price targets.
The Company will – in the event of receiving acceptances above 400,000 shares – depending on the prices and volumes shown by selling shareholders, allocate shares at its discretion between the share classes, with the equal treatment of shareholders as the primary objective.
For further information, please contact: Åge Sturtzel, VP Investor Relations and Corporate Support, Tel: (+47) 90 08 76 70 - email: aage.sturtzel@wilhelmsen.com, or Thomas Finnema, Head of Treasury, Tel: (+47) 48 15 51 59.
IMPORTANT NOTICE
The Offering will be carried out in accordance with applicable laws and regulations and information pertaining to the Offering will be disclosed by way of stock exchange notices.
The information contained herein about the Offering is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5-12 of the Norwegian Securities Trading Act. This stock exchange release was published by Thomas Finnema on 3 June 2025 at 10:20 (CEST).
Shareholders considering to tender their shares in the Offering are advised to consult with their own tax advisers with respect to the tax position in their country of residence or other jurisdictions to which they may have a tax liability as a result of a sale of shares in the Offering.
The Offering and the distribution of this announcement and other information in connection with the Offering may be restricted by law in certain jurisdictions (including, but not limited to, the United States, Canada, Australia and Japan). Neither the Company nor the bookrunner in the Offering assume any responsibility in the event there is a violation by any person of such restrictions. This includes shareholders who have changed their domicile to such jurisdictions but which may access their VPS accounts. Persons into whose possession this announcement or relevant information should come are required to inform themselves about and to observe any such restrictions. The Offering is not being made directly or indirectly in, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or any facilities of a national securities exchange of, the United States of America, its territories and possessions, any State of the United States and the District of Columbia (the "United States") or any other jurisdiction in which this would be unlawful, require registration or other measures. This includes, but is not limited to, facsimile transmission, internet delivery, e-mail and telephones. Copies of this release and any related documents are not being, and must not be, mailed, e-mailed or otherwise distributed or sent in or into the United States or any such jurisdiction and so doing may invalidate any purported acceptance.