Selvaag Bolig ASA - Offer to buy back shares

25 Nov 2024 07:00 CET

Selvaag Bolig ASA has decided to initiate a share buyback of up to 650 000
shares. The shares will be used in whole or in part for the company's
incentive programmes for employees.

The buyback will be conducted as a reverse bookbuilding process. Selvaag Bolig
ASA has commissioned ABG Sundal Collier (ABGSC) to implement the buyback.
ABGSC will accept and accumulate sales orders from shareholders. Sales offers
received and terms offered are irrevocable and cannot be changed.

The bookbuilding period commences immediately and is expected to close at
16:30 (CET) on 25 November 2024. The company reserves the right to close or
extend the bookbuilding period without further notice.

If the total number of received sales offers exceeds 650 000 shares at or
below the price accepted, the company will perform a pro-rata reduction of
sales offers. The final purchase price will be identical for all selling
shareholders. The company reserves the right to buy back fewer shares or no
shares at all, to terminate the offer or make any amendments regarding the
volume or other terms of the offer.

To make a sales offer, please contact ABGSC at +47 22 01 60 28. Standard
commissions will apply.

The buyback will be conducted in accordance with the mandate provided by the
company's AGM on 25 April 2024. Selvaag Bolig currently owns 125 276 treasury
shares.

The share buyback program will be carried out in accordance with the Market
Abuse Regulation (EU) No 596/2014 ("MAR")

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About Us
Selvaag Bolig ASA is a residential development company that manages the entire
value chain from acquisition of land to completed residential and urban areas.
The company represents a continuation of Selvaag's 75-year history and
experience and has several thousand homes under development in growth areas in
and around the largest cities in Norway and Sweden. Selvaag Bolig offers a
broad variety of housing types, including the lifestyle concept Selvaag
Pluss®, which features homes with shared spaces and services.
www.selvaagboligasa.no/en

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This release was distributed by Kristoffer Gregersen, EVP communications and
sustainability, Selvaag Bolig ASA.

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For further information:
Sverre Molvik, CEO
Telephone: +47 40 10 05 85, e-mail: smo@selvaagbolig.no

Christopher Brunvoll, CFO
Telephone: +47 98 82 92 22, e-mail: chbr@selvaagbolig.no
(mailto:chrb@selvaagbolig.no)

Kristoffer Gregersen, EVP communications, sustainability and corporate
strategy
Telephone: +47 95 77 55 93, e-mail: kgr@selvaagbolig.no

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2024-11-25 07:00 CET.

More information:
Access the news on Oslo Bors NewsWeb site

633041_Selvaag Bolig ASA - Offer to buy back shares.pdf