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    SSO   NO0010715139

SCATEC ASA

(SSO)
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Real-time Oslo Bors  -  10:27 2022-08-08 am EDT
113.55 NOK   +1.07%
08/04Mandatory notification of trade by primary insider
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08/04Mandatory notification of trade by primary insider
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07/26Scatec ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
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Scatec ASA: Employee Share Purchase Programme 2022

05/16/2022 | 11:55am EDT

16 May 2022: As announced on 9 May 2022, Scatec offered participants the opportunity to purchase shares with a trading value of between NOK 17,078 and NOK 82,373. The subscription period was from 9 May to 16 May 2022. The price per share has been set at NOK 90.7435, based on the average volume-weighted share price on the Oslo Stock Exchange from and including 10 May to 16 May 2022. In total, employees have subscribed for 89,200 shares under the share purchase programme. The allocation of shares is expected to take place on 13 June 2022 with delivery to employees on or about 17 June 2022.

See attachment for an overview of the primary insiders who have subscribed for shares in Scatec ASA as per end of the subscription period, including the number of shares to be allocated to the primary insiders, as well as the notification of the transactions in accordance with the Market Abuse Regulation Article 19.

For further information, please contact:
Andreas Austrell, VP Investor Relations, ir@scatec.com

About Scatec
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in high growth markets. As a long-term player, we develop, build, own and operate renewable energy plants, with 3.5 GW of installed capacity across four continents today. We are targeting 15 GW of renewable capacity to be in operation or under construction by the end of 2025, delivered by our 600 passionate employees who are driven by a common vision of ‘Improving our Future’. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’. To learn more, visit www.scatec.com or connect with us on LinkedIn.


This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading act.

Attachment


All news about SCATEC ASA
08/04Mandatory notification of trade by primary insider
GL
08/04Mandatory notification of trade by primary insider
AQ
07/26Scatec ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30..
CI
07/26TRANSCRIPT : Scatec ASA, Q2 2022 Earnings Call, Jul 26, 2022
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07/26SECOND QUARTER AND FIRST HALF 2022 : Stable operations and ramping up for construction
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07/26SECOND QUARTER AND FIRST HALF 2022 : Stable operations and ramping up for construction
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07/25Scatec Solar Announces Production Results for the Second Quarter of 2022
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07/25Scatec ASA Provides Production Guidance for the Third Quarter and Full Year 2022
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07/25SCATEC ASA : Press Release
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07/25SCATEC ASA : Half-year report
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More news
Financials
Sales 2022 4 748 M 489 M 489 M
Net income 2022 -609 M -62,7 M -62,7 M
Net Debt 2022 16 027 M 1 651 M 1 651 M
P/E ratio 2022 -31,0x
Yield 2022 3,26%
Capitalization 18 027 M 1 832 M 1 857 M
EV / Sales 2022 7,17x
EV / Sales 2023 6,88x
Nbr of Employees 700
Free-Float 73,1%
Chart SCATEC ASA
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Scatec ASA Technical Analysis Chart | MarketScreener
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Technical analysis trends SCATEC ASA
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 112,35 NOK
Average target price 118,00 NOK
Spread / Average Target 5,03%
EPS Revisions
Managers and Directors
Terje Pilskog Chief Executive Officer
Mikkel Tørud Chief Financial Officer
John Andersen Chairman
Jan Steffen Skogseth Independent Director
Liv Gisèle Marchand Independent Director