Vis børsmeldingen
today completed the buyback of 150,000 treasury shares in the Company on Oslo
Børs at an average price of NOK 27.48 per share, which implies a total
consideration of NOK 4,121,516. The purchase of treasury shares was carried out
in accordance with an authorization granted by the Annual General Meeting of the
Company held on 25 April 2023.
Date on which the buy-back program was announced: 12 December 2023
The duration of the buy-back program: From 13.12.2023 until filled
Aggregated
overview of
transactions
per day
Date Aggregated daily Weighted average Total daily
volume (number of share price per day transaction value
shares) (NOK) (NOK)
13.12.2023 8,886 25.03 222,438
14.12.2023 23,351 25.59 597,527
15.12.2023 63,000 28.14 1,772,674
18.12.2023 54,763 27.92 1,528,878
Previously - - -
disclosed buy
-backs
under the
program
(accumulated)
Accumulated 150,000 27.48 4,121,516
under the buy
-back
program
Following the transaction, the Company holds 150,000 treasury shares,
constituting approximately 0.21% of the Company’s shares and votes. A detailed
overview of all transactions made under the buy-back programme that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.
This is information that AMSC ASA is obliged to make public pursuant to the
Market Abuse Regulation and subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act.
As announced on 12 December 2023, 100,000 shares will be sold to Pål Magnussen,
CEO of AMSC, and 50,000 shares will be sold to MB Capital AS, a company
controlled by Morten Bakke, CFO of AMSC, as part of the incentive scheme for the
Company’s employees. The purchase price shall be the closing price in the AMSC
shares on Oslo Børs at the date AMSC delivers the shares to the employees, less
a price reduction of 20% to compensate for lock-up restrictions on the shares
for a period of three years. A separate stock exchange notice will be published
when such sale is carried out.
The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia) or in any other jurisdiction where such publication or
distribution is unlawful. This release is an announcement subject to the
disclosure requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act. It is issued for information purposes only, and does not constitute
or form part of any offer or solicitation to purchase or subscribe for
securities, in the United States or in any other jurisdiction. The securities
mentioned herein have not been, and will not be, registered under the United
States Securities Act of 1933, as amended (the “US Securities Act”). The
securities may not be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the US Securities Act.
Kilde
