ABG - Offer to buy back shares in ABG Sundal Collier Holding ASA

13 Feb 2023 08:30 CET

ABG Sundal Collier Holding ASA ("ABGSC" or the "Company") has decided to
initiate a share buyback for up to NOK 50,000,000. The buyback will be conducted
as a reverse bookbuilding process in which shareholders can submit sales offers.


The bookbuilding period commences immediately and is expected to close at 16:30
(CET) on 13 February 2023. The Company reserves the right to accept sales offers
received after the end of the bookbuilding period, as well as to close or extend
the bookbuilding period at any time and for any reason in its sole discretion
without further notice. Sales offers and the respective limits are irrevocable
and cannot be withdrawn or changed once received.

For more information or to submit sales offers, please contact ABGSC at phone:
+47 22 01 60 13.

If the total number of received sales offers exceed NOK 50,000,000 at or below
the price accepted, the Company will perform a pro-rata reduction of sales
offers. ABGSC reserves the right to terminate the offer or make any amendments
regarding the volume or other terms of the offer.

The buyback will be based on the authorization provided by the Company's Annual
General Meeting on 26 April 2022.

ABGSC currently owns 5,668,978 treasury shares. ABGSC has forward contracts with
partners purchasing a total of 81,775,700 shares with settlement in 2023 – 2028.
The shares purchased in the buyback will be used in whole or in part for
settlement of ABGSC’s forward contracts with partners.

***

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

***
The buyback and the distribution of this announcement and other information in
connection therewith may be restricted by law in certain jurisdictions.
ABGSC do not assume any responsibility in the event there is a violation by any
person of such restrictions. Persons into whose possession this announcement or
such other information should come are required to inform themselves about and
to observe any such restrictions.
The buyback 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. This includes, but is not limited to, facsimile
transmission, internet delivery, e-mail, telex and telephones. Accordingly,
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
and so doing may invalidate any purported sales offer.

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