Oslo, 24h of April 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, through 24th of April 2025, the
Company purchased a total of 70,000 shares at an average price of NOK 178.6328
per share, all purchased as ordinary market purchases on Euronext Oslo Børs. The
share buyback program is then completed. Please find below the last transaction
overview:
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Date / Aggregated daily volume (#shares) / Weighted average share price per day
(NOK) / Total daily transaction value (NOK)
Date: 22 April 2025. Number of share: 1,795. Avg price: NOK 162.9616 per share
Date: 23 April 2025. Number of share: 1,745. Avg price: NOK 159.9564 per share
Total for this period:
3,540 shares purchased at average share price of NOK 161.4590 per share. Total
transaction value was NOK 571,639.99.
Previously disclosed buybacks under the program:
66,460 shares purchased at average share price of NOK 179.5465 per share. Total
transaction value was NOK 11,932,661.75
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The issuer's holding of own shares:
Following the completion of the above transactions, Medistim owns a total of
93,117 of own shares (including 23,117 shares owned prior to the launch of the
buyback program), corresponding to 0.5078 % 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.