Multiconsult initiates share buyback in connection with employee share purchase programme

Multiconsult ASA (OSE: MULTI) initiates a share buyback programme in connection with its employee share purchase programme in 2021. 

Multiconsult has from 22 November 2021 put in place a non-discretionary programme (the "Program") for the repurchase of up to 175.000 of its ordinary shares (the "Shares") for a total value of up to NOK 35.000.000. This share buyback programme is in addition to the programme announced completed on the 16 November 2021, resulting in Multiconsult currently owning 290,986 own shares (1.06% of the share capital). 

The Shares will be repurchased in accordance with the authorisation given by Multiconsult's AGM on 19 April 2021. 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.

The Program will be in force from 22 November 2021 until the earlier of the maximum number of shares as set out above has been acquired, and 10 December 2021. 

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  

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.