The programme will be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of
Shares purchased under the programme will be used for the Company's share-based incentive scheme for the Company’s senior management.
Terms
The buyback programme is implemented under the following terms:
- The programme will be initiated today,
22 March 2024 , and terminated on31 March 2025 , at the latest; - A maximum of up to 200,000 shares may be repurchased during the programme;
- The aggregate maximum amount allocated to fund the programme of
NOK 30,000,000 , and the maximum consideration to be paid per share under the program isNOK 150 ; - Buyback transactions will be executed according to the market price on the
Oslo Stock Exchange . - The maximum number of shares which may be purchased in any one day is 3,532 shares corresponding to 25% of the average daily trading volume on the OSE during the month of February, being the month preceding the month of this disclosure
AKVA group may at any time without further notice close or suspend the programme.
Transactions made under the share buyback programme will be disclosed to the market every seven trading days.
The buyback programme will be conducted by market purchases as permitted under the authorisation to acquire treasury shares granted to the board of directors by the annual general meeting on
The share buyback programme is managed by and will be executed by
As of today, the Company holds 230,663 treasury shares corresponding to 0,6% of total share capital. No treasury shares have been purchased by the Company since the authorisation was granted.
Dated:
Web: www.akvagroup.com
CONTACTS:
Chief Executive Officer | |
Phone: | +47 51 77 85 00 |
Mobile: | +47 91 37 62 20 |
E-mail: | knesse@akvagroup.com |
Ronny Meinkøhn | Chief Financial Officer |
Phone: | +47 51 77 85 00 |
Mobile: | +47 98 20 67 76 |
E-mail: | rmeinkohn@akvagroup.com |
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
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