Multiconsult ASA: Multiconsult initiates share buyback programme

Multiconsult ASA (''Multiconsult'') has decided to initiate a share buyback programme for up to 700 000 shares in the market. The buyback programme will be conducted in accordance with the authorisation provided by the ordinary general meeting to the board of directors on 3 May 2018. The buyback will be executed through a reverse Dutch auction at a price of maximum 70 NOK per share on Oslo Børs. The programme will be initiated today and terminated on close of trade on Oslo Børs Friday 30 November 2018.

Arctic Securities has been engaged to execute the auction.

The shares purchased under this programme will be used for Multiconsult’s employee share purchase programme as approved by the ordinary general meeting on 3 May 2018.

For more information, please contact:     

   Investor relations:
   Mirza Koristovic, Head of Investor Relations
   Phone: +47 93 87 05 25
   E-mail: ir@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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