The Board of Directors of AF 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 of NOK 147.10 per share, which corresponds to a 20 per
cent discount compared to the average market price during the subscription
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
The Board has also decided to issue 806,003 shares towards Company employees, in
accordance with the Power of Attorney given by the General Assembly May 11 2021.
The Company's share capital will increase by NOK 40,300.15 after the issue of
806,003 shares with a nominal value of NOK 0.05 per share. When the share issue
is completed, the number of shares in AF Gruppen ASA will be 106,804,500. New
share capital in AF Gruppen ASA will be NOK 5,340,225.
The sale and issue of shares is expected to be completed by October 31st 2021.
A new certificate of registration will be submitted to Oslo Stock Exchange when
it is available.
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© Oslo Bors ASA, source Oslo Stock Exchange