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ABG - Result of offer to buy back shares and share transaction
13 Feb 2023 16:44 CET
Issuer
ABG Sundal Collier Holding ASA
Reference is made to the stock exchange release of ABG Sundal Collier Holding
ASA (“ABGSC” or the "Company") dated 13 February 2023 regarding an offer to buy
back shares for up to NOK 50,000,000. ABGSC used the right to make amendment to
the offer, so the Company has purchased 9,637,273 shares at a price of NOK 6.70
per share.
In addition, with reference to our press release of 26 February 2018, partners
today purchased 1,400,000 ABG-shares from ABGSC as settlement of forward
contracts that were previously entered into. The shares were sold at a price of
NOK 2.56 per share. The initial agreed price of NOK 6.00 has been adjusted for
dividends and interest adjustments.
ABGSC owns 13,906,251 treasury shares following the transactions above. ABGSC
has forward contracts with partners purchasing a total of 80,375,700 shares with
settlement in 2023 – 2028. ABGSC has authorization to re-purchase its shares in
the market or to issue new shares.
Jonas Ström, CEO +46 8 566 294 68
Geir B. Olsen, CFO +47 22 01 60 35
More information:
Access the news on Oslo Bors NewsWeb site
Source
ABG Sundal Collier Holding ASA
Provider
Oslo Børs Newspoint
Company Name
ABG SUNDAL COLLIER HOLDING
ISIN
NO0003021909
Symbol
ABG
Market
Oslo Børs