Trading of own shares as part of employee’s savings scheme

SpareBank 1 SR-Bank ASA has on 30 October 2020 purchased 30.000 own shares at an average price of NOK 75,230. Total holdings of own shares after the purchase is 51.532 shares.

The shares were acquired as part of SpareBank 1 SR-Bank’s savings scheme for employees. For more information about the saving scheme reference is made to the stock exchange notice dated 12 December 2019, and the stock exchange notice dated 24 April 2020.

As part of SpareBank 1 SR-Bank ASA savings scheme the company will acquire additional shares, up to a number of 100.000, within the end of November 2020.

About Us

SpareBank 1 SR-Bank is the second largest Norwegian financial group and operates in most parts of South Norway which includes Rogaland, Agder, Vestland and Oslo. We provide financial products and services to over 300 thousand customers, including loans and deposits, mutual funds and asset management, insurance and pension savings, payment and financing services, real estate brokerage, accounting services and services related to the money and capital market. The head office is in the city of Stavanger.