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Cambi ASA: Completion of the share buyback offer
22 Dec 2022 18:09 CET
Issuer
Cambi ASA
Asker, Norway, 22 December 2022
Reference is made to the notice issued on 20 December 2022, where Cambi ASA
initiated a share buyback offer of up to 2,400,000 shares to all shareholders.
Cambi has resolved to buy back 1,689,070 own shares at a price of NOK 6.00 per
share. The price was determined through a book-building process.
The trade date for the shares will be 23 December 2022, and settlement will take
place on 28 December 2022 (T+2).
As a result of the buyback, Cambi owns 1,810.870 own shares, corresponding to
1.13% of the total share capital.
For more information, please contact:
Mats Tristan Tjemsland, CFO, +47 920 67 094, mats.tjemsland@cambi.com
About Cambi:
Cambi is a global biogas technology and solutions supplier for wastewater
treatment plants and anaerobic digestion facilities. Since 1992, Cambi has
retained market leadership through continuous innovation and a robust portfolio
of proven and patented technologies. With strong project delivery and customer
support capabilities, the company has delivered many well-performing
installations in 26 countries on six continents.
Cambi’s thermal hydrolysis process increases renewable energy output, reduces
operational costs, and minimises greenhouse gas emissions. It is suitable for
all biosolids outlets, including land application and thermal processes such as
drying, pyrolysis, and incineration. Thermal hydrolysis is compatible with all
sludge and waste treatment regulations and easy to integrate at new and existing
anaerobic digestion sites.
Cambi is listed on Euronext Growth Oslo, a multilateral trading facility part of
Euronext, the largest stock exchange platform in Europe. Find out more at
cambi.com.
More information:
Access the news on Oslo Bors NewsWeb site
579086_2022.12.22 - Press Release - Cambi ASA - Completion of the share buyback offer.pdf
Source
Cambi ASA
Provider
Oslo Børs Newspoint
Company Name
CAMBI ASA
ISIN
NO0010078850
Symbol
CAMBI
Market
Euronext Growth