Bouvet ASA has initiated a programme to buy back its own shares for utilisation
in its share programme for employees and as compensation for acquisitions. The
group has commissioned a third party on 12 September to implement this process.
The programme will be limited to a maximum of 200 000 of Bouvet's own shares, up
to an overall value of NOK 13 000 000.
It has been authorised under the mandate approved by Bouvet ASA's annual general
meeting on 23 May 2023 and registered in the Brønnøysund Register Centre with
validity until 30 June 2024. Before the buy-back is implemented, Bouvet ASA has
861 506 issued shares.
The programme will run from 12 September 2023 to 7 October 2023.
Shares will be purchased on the Oslo Stock Exchange and will be conducted in
accordance with applicable safe harbour terms as well as the Norwegian
Securities Trading Act of 2007, European Commission Regulation (EC) no 2016/1052
and the Oslo Stock Exchange's guidelines for buy-back programmes and price
stabilisation of February 2021.
Contacts:
- CEO: Per Gunnar Tronsli, telephone: +47 900 20 622
- CFO: Trude Hole, telephone: +47 977 10 344
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements in section
5-12 of the Norwegian Securities Trading Act.