Multiconsult initiates share buy-back in connection with employee share purchase programme

Multiconsult ASA (OSE: MULTI) initiates a share buy-back programme in connection with its employee share purchase programme also in 2022.

19. September 2022

Multiconsult has from 19. September 2022 put in place a non-discretionary program (the "Program") for the repurchase of up to 500,000 of its ordinary shares (the "Shares") to a total value of up to NOK 80,000,000. The Shares will be repurchased in accordance with the authorisation given by Multiconsult's annual general meeting to the board of directors on 7 April 2022. The Program will be managed by ABG Sundal Collier, which will make its trading decisions in relation to the Shares independently of, and uninfluenced by Multiconsult. Please note this may result in Multiconsult buying shares through periods where the company otherwise would have been restricted. Multiconsult currently owns 5,271 Shares.

The buy-back program will be in force from 19. September 2022 until the earlier of the maximum number of shares as set out above has been acquired, or 6. December 2022.

For further information, please contact:
   Investor relations:
      Pål-Sverre Jørgensen, Group Treasurer & Investor Relation Officer
      Phone: +47 416 11 161
      E-mail: ir@multiconsult.no / psmj@multiconsult.no

   Media:
      Gaute Christensen, VP Communications
      Phone: +47 911 70 188
      E-mail: gaute.christensen@multiconsult.no  

 

The buy-back program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation"). This is information that Multiconsult is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.