Webstep ASA: Result of offer to buy back own shares

Report this content

Oslo, 3 October 2024: Reference is made to the stock exchange announcement by Webstep ASA (the "Company") on 26 September 2024 regarding the offer to buy back own shares (the "Offer").

The bookbuilding period for the Offer closed today, 3 October 2024, at 16:30 hours (CEST).

Following the expiry of the bookbuilding period, the Company has resolved to buy 1,086,956 shares at a price of NOK 23.0 per share, which gives an aggregate purchase price of NOK 24,999,988.

Notifications of allocation will be sent to shareholders having been allocated sale shares in the Offer 4 October 2024. The trade date will be 4 October 2024, and the settlement date is expected to be on or about 8 October 2024. The settlement will be conducted on a normal delivery-versus-payment basis (DVP).

Following settlement of the Offer, the Company will own 1,116,939 shares in the Company.

Contact details for further information:

Nina Stemshaug, Interim CFO

Cell: +47 982 60 394

Email: ir@webstep.com

Website : www.webstep.com

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 the Norwegian Securities Trading Act.

This stock exchange announcement was issued by Nina Stemshaug, interim CFO, on 3 October 2024 at 16:30 hours (CEST), on behalf of the Company.

Webstep ASA is a provider of consultancy services to the private and public sector, with the IT expertise necessary to deliver the most demanding digitalisation and IT services.

IMPORTANT NOTICE

The Offer will be carried out in accordance with applicable laws and regulations and information pertaining to the Offering will be disclosed by way of stock exchange notices.

The Offer and the distribution of this announcement and other information in connection with the Offering may be restricted by law in certain jurisdictions (including, but not limited to, the United States, Canada, Australia and Japan). None of the Company or the Manger assume any responsibility in the event there is a violation by any person of such restrictions. This includes shareholders who have changed their domicile to such jurisdictions but which may access their ES-OSL accounts. Persons into whose possession this announcement or relevant information should come are required to inform themselves about and to observe any such restrictions.

Subscribe