The Board of Directors ofAF Gruppen ASA (AFG) has decided to go through with the Company's share purchase program for employees. 999 employees have subscribed a total of 1,000,000 shares. The shares are subscribed at a price ofNOK 147.10 per share, which corresponds to a 20 per cent discount compared to the average market price during the subscription period. In connection with this, the Board has decided to sell 193,997 of the Company's own shares. The Company's holding of own shares after this transaction will be 0 shares. The Board has also decided to issue 806,003 shares towards Company employees, in accordance with the Power of Attorney given by theGeneral Assembly May 11 2021 . The Company's share capital will increase byNOK 40,300.15 after the issue of 806,003 shares with a nominal value ofNOK 0.05 per share. When the share issue is completed, the number of shares inAF Gruppen ASA will be 106,804,500. New share capital inAF Gruppen ASA will beNOK 5,340,225 . The sale and issue of shares is expected to be completed byOctober 31st 2021 . A new certificate of registration will be submitted toOslo Stock Exchange when it is available.
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