DNB BANK ASA - status of share buy-back programme after week 9 2023

03 Mar 2023 17:26 CET

Issuer

DNB BANK ASA

On 9 February 2023, DNB Bank ASA ("DNB") announced that the company has decided
to initiate a share buy-back programme comprising up to 0.5 percent of the
company's own shares, which represents a total of 7,751,800 shares.

Up to 5,116,200 shares will be bought back on trading venues by 10 March 2023,
and a proposal will be made at this year's Annual General Meeting, which will be
held on 25 April 2023, to cancel the shares. At the same meeting it will also be
proposed to redeem the remaining shares - up to 2,635,600 shares - from the
Norwegian Government, represented by the Ministry of Trade, Industry and
Fisheries ("NFD"), so that NFD's ownership interest of 34 percent remains
unchanged.

During week 9 of 2023, DNB purchased 1,151,660 own shares at an average price of
NOK 206.8699 per share. Following this, DNB owns a total of 3,970,611 own
shares, corresponding to 0.256 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy
-back programme:

Date: Number of Average Total transaction value (NOK)
shares price
(NOK)
27.02.2023 235,000 208.6920 49,042,620.0
28.02.2023 235,000 207.8822 48,852,317.0
01.03.2023 234,861 205.7848 48,330,823.9
02.03.2023 235,000 205.2980 48,245,030.0
03.03.2023 211,799 206.6926 43,777,285.9
Previously announced buy 2,818,951 197.0868 555,578,072.5
-backs under the
programme
Total buy-backs made 3,970,611 199.9254 793,826,149.5
under the programme

For more information about the buy-back programme, please see the stock exchange
announcement that was published on 9 February 2023, which is available at
www.newsweb.oslobors.no.

For further information, please contact Rune Helland, Head of Investor
Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure
requirements pursuant to the Market Abuse Regulation and section 5-12 of the
Norwegian Securities Trading Act.

Attachments: An overview of all completed buy-backs is enclosed with this
announcement and available at www.newsweb.oslobors.no.


584271_Detailed_transactions_DNB_20_02_24_02_2023.pdf
584271_Detailed_transactions_DNB_09_02_17_02_2023.pdf
584271_Detailed_transactions_DNB_27_02_03_03_2023.pdf

Source

DNB Bank ASA

Provider

Oslo Børs Newspoint

Company Name

ADJ Sparebank Kreditt 85/25 CALL, ADJ Sparebank Kreditt 86/26, DNB BANK ASA, DNB Bank ASA 18/28 FRN C SUB, DNB Bank ASA 18/28 FRN SEK C SUB, DNB Bank ASA 18/28 ADJ SEK C SUB, DNB Bank ASA 18/23 2,50%, DNB Bank ASA 19/23 FRN, DNB Bank ASA 19/23 2,20%, DNB Bank ASA 19/PERP FRN C HYBRID, DNB Bank ASA 20/30 FRN C SUB, DNB Bank ASA 21/29 ADJ C, DNB Bank ASA 21/29 FRN C, DNB Bank ASA 21/32 FRN C SUB, DNB Bank ASA 21/32 ADJ C SUB, DNB Bank ASA 22/32 FRN C SUB, DNB Bank ASA 22/PERP FRN C HYBRID, DNB Bank ASA 22/PERP ADJ C HYBRID, DNB Bank ASA 23/PERP FRN C HYBRID, DNB Bank ASA 23/33 FRN SEK C SUB, DNB Bank ASA 23/33 ADJ C SUB, DNB Bank ASA 23/33 FRN C SUB, DNB Bank ASA 23/33 ADJ SEK C SUB

ISIN

NO0001595557, NO0001595599, NO0010161896, NO0010818446, NO0010818453, NO0010818479, NO0010836471, NO0010849490, NO0010849508, NO0010858749, NO0010868656, NO0010883341, NO0011038309, NO0011038317, NO0011151672, NO0011151680, NO0011203374, NO0012618984, NO0012618992, NO0012740119, NO0012740101, NO0012811829, NO0012850629, NO0012850611, NO0012850603, NO0012850637

Symbol

DNB

Market

Oslo Børs