Norwegian Energy Company ASA: Share buyback

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Reference is made to the stock market announcement on 27 February 2020, where Norwegian Energy Company ASA ("Noreco" or the "Company") announced an initiation of a share buyback programme of up to 160,000 of its own shares.

Noreco has on 8 June 2020 purchased 10,000 of its own shares at an average price of NOK 160.6257 per share. After this transaction the Company holds a total of 413,017 own shares.

The transaction is completed in accordance with the authorization given by Noreco's general meeting.

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



About Norwegian Energy Company ASA

Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on the Oslo Stock Exchange (ticker NOR). For further information, please visit: