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(Oslo Børs: SNI) on April 3, 2025 regarding the continuation of its 2016 share
buy-back programme of up to $30,000,000, with $8,754,827.55 remaining under the
programme.
The buy-back programme commenced on April 7, 2025, and will remain in effect
until the earlier of (i) the acquisition of the maximum number of shares up to
the remaining consideration of $8,754,827.55 as set out above, or (ii) October
2, 2025.
For the period from and including April 29, 2025, through May 2, 2025, SNI
purchased a total of 70,000 shares at an average price NOK 236.3003 per share.
The share purchases have been made in accordance with the “safe harbor” rules,
which includes a limitation of 25% of the average daily volume traded in the
last 20 trading days. All transactions have been made with Euronext Oslo Børs as
trading venue.
Please find below an overview of transactions.
±---------±-----------------------±------------------------±---------------+
|Date |Volume (number of |Weighted average price |Total cost (NOK)|
| |shares) |per day (NOK) | |
±---------±-----------------------±------------------------±---------------+
|29.04.2025|20,000 |233.0821 |4,661,643 |
±---------±-----------------------±------------------------±---------------+
|30.04.2025|26,000 |234.3133 |6,092,145 |
±---------±-----------------------±------------------------±---------------+
|01.05.2025|- |- |- |
±---------±-----------------------±------------------------±---------------+
|02.05.2025|24,000 |241.1346 |5,787,231 |
±---------±-----------------------±------------------------±---------------+
Total previously published repurchases under the programme:
±±------------------------±--------------------------------±---------------+
| |Volume (number of shares)|Weighted average price per day |Total cost (NOK)|
| | |(NOK) | |
±±------------------------±--------------------------------±---------------+
| |230,000 |221.8732 |51,030,839 |
±±------------------------±--------------------------------±---------------+
Total repurchases under the programme:
±±------------------------±--------------------------------±---------------+
| |Volume (number of shares)|Weighted average price per day |Total cost (NOK)|
| | |(NOK) | |
±±------------------------±--------------------------------±---------------+
| |300,000 |225.2395 |67,571,857 |
±±------------------------±--------------------------------±---------------+
A detailed overview of all completed transactions under the repurchase programme
carried out during the above time period is attached hereto and available at
www.newsweb.no. Following the completion of the above transactions, SNI owns a
total of 5,300,000 own shares, corresponding to 9.056% of SNI’s share capital.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
For additional information please contact:
Jens F. Grüner-Hegge
Chief Financial Officer
UK +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com (mailto:j.gruner-hegge@stolt.com)
Ellie Davison
Head of Corporate Communications
UK +44 (0) 20 7611 8926
e.davison@stolt.com (mailto:e.davison@stolt.com)
About Stolt-Nielsen Limited
Stolt-Nielsen (SNL or the Company) is a long-term investor and manager of
businesses focused on opportunities in logistics, distribution and aquaculture.
The Stolt-Nielsen portfolio consists of its three global bulk-liquid and
chemicals logistics businesses - Stolt Tankers, Stolthaven Terminals and Stolt
Tank Containers - Stolt Sea Farm and various investments. Stolt-Nielsen Limited
is listed on the Oslo Stock Exchange (Oslo Børs: SNI).
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