Multiconsult ASA – share repurchase programme

Reference is made to the stock market announcement on 4 December 2019, where Multiconsult ASA announced completion of share buyback, share loan agreement, and employee share purchase programme. With reference to the share loan agreement with its largest shareholder Stiftelsen Multiconsult, Multiconsult ASA will deliver the full amount of shares back to Stiftelsen Multiconsult.

Today, Multiconsult ASA initiates a share repurchase programme of up to 100 000 of its own shares for the purpose of delivering the shares back to Stiftelsen Multiconsult. The programme will begin 10 January 2020 and complete no later than 4 June 2020.
 
The maximum number of shares that may be acquired during any one trading day are 50% of the average daily independent volume in Multiconsult’s shares on Oslo Børs in December 2019.
Multiconsult has engaged Arctic Securities AS to carry out the share repurchase programme on its behalf.

The repurchase programme will be conducted in accordance with the authorisation provided by the ordinary general meeting to the board of directors on 25 April 2019.   

 

For further information, please contact:
 
Investor relations:
    Mirza Koristovic, Head of Investor Relations
    Phone: +47 93 87 05 25
    E-mail: ir@multiconsult.no
Media:
    Gaute Christensen, VP Communications
    Phone: +47 911 70 188
    E-mail: gaute.christensen@multiconsult.no

 

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About Us

Multiconsult is one of the leading firms of consulting engineers and designers in Norway. The company delivers multidisciplinary consulting and design, project engineering and management, verification, inspection and supervision – to customers in Norway and abroad, focusing on the following sectors: buildings & properties, industry, oil & gas, transportation & infrastructure, energy, environment & natural resources. Visit www.multiconsultgroup.com for more information.

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