Oslo, 17th of March 2025: Reference is made to the stock exchange announcement
made by Medistim ASA on 11 March 2025 of the launch of Medistim's program to
repurchase up to 70,000 of the Company's shares in open market transactions for
a total amount of up to NOK 35,000,000 during the period from 11 March 2025,
until no later than 7 May 2025, pursuant to an agreement with DNB Markets. For
the period from and including 11 March 2025, through14th of March 2025, the
Company purchased a total of 14,000 shares at an average price of NOK 189.0167
per share, all purchased as ordinary market purchases on Euronext Oslo Børs.
Please find below the transaction overview:
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Date: 11 mars 2025. Number of share: 5000. Avg price: NOK 189.2370 per share
Date: 12 mars 2025. Number of share: 4000. Avg price: NOK 190.8628 per share
Date: 13 mars 2025. Number of share: 2279. Avg price: NOK 188.7749 per share
Date: 14 mars 2025. Number of share: 2721. Avg price: NOK 186.1009 per share
Total for the period 14,000 shares was purchased at average share share price of
NOK 189.0167 per share. Total transaction value was NOK 2,646,234.75.
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The issuer's holding of own shares:
Following the completion of the above transactions, Medistim owns a total of
37,117 of own shares (including 23,117 shares owned prior to the launch of the
buyback program), corresponding to 0.202 % of Medistim's share capital.
Appendix:
An overview of all transactions made under the buyback program that have been
carried out during the above-mentioned time period is attached to this report
and available at www.newsweb.no.
For further information, please contact:
Thomas Jakobsen, Chief Financial Officer, phone: +47 906 59 940
Mail: Thomas.jakobsen@medistim.com
This is information that Medistim is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 of the Norwegian Securities Trading Act.