NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.
(Oslo, Norway, 2 July 2026)
Reference is made to the stock exchange announcement published by Saga Pure ASA (SAGA) (the "Company") on 18 June 2026, regarding the launch of the subsequent offer to buy back up to 46,285,127 existing shares in the Company, subject to restrictions directed all shareholders (the "Subsequent Offer"). The acceptance period for the Subsequent Offer closed on 1 July 2026.
The board of directors of the Company has today resolved to complete the Subsequent Offer, by the purchase of all 10,327,034 shares in the Company tendered from the accepting shareholders, at a price of NOK 1.60 per share, for an aggregate consideration of NOK 16,523,254.40. Notification of allocation will be sent to the shareholders on or about 2 July 2026. Settlement is expected on or about 7 July 2026 on a standard delivery-versus-payment (DVP) basis.
Following settlement of the Subsequent Offer, the Company will own a total of 31,529,749 own shares, corresponding to approx. 4.67 % of the Company's share capital.
For further information, please contact:
Henrik A. Christensen, Chairperson
+47 909 67 683
The information in this stock exchange announcement is considered to be inside information pursuant to the EU Market Abuse Regulation and is published in accordance with section 5-12 of the Norwegian Securities Trading Act.
Important note: The Subsequent Offer described herein and the distribution of this announcement and other information in connection with the Subsequent Offer may be restricted by law in certain jurisdictions, and the Subsequent Offer was not made in any jurisdiction in which this would be unlawful, require registration or other measures. The Company does not assume any responsibility in the event there is a violation by any person of such restrictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions. This announcement is not an offer document and, as such, does not constitute an offer or the solicitation of an offer to subscribe to, acquire, or sell, shares in the Company. This announcement contains forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the Subsequent Offer, are forward-looking statements that involve risk and uncertainties. There can be no assurances that such statements will prove to be accurate, and actual results could differ materially from those anticipated in such statements.