Treasure ASA (OB:TRE) commences an Equity Buyback Plan for 21,733,500 shares, representing 9.98% of its issued share capital, under the authorization approved on March 12, 2020.

Treasure ASA (OB:TRE) commences share repurchases on March 12, 2020, under the program mandated by the shareholders in the Annual General Meeting held on March 12, 2020. As per the mandate, the company is authorized to repurchase up to 21,733,500 shares, representing 9.98% of its issued share capital. The maximum price which may be paid for an ordinary share is NOK 30 and the minimum price which may be paid for an ordinary share is NOK 0.10. The authority shall expire at the conclusion of the next Annual General Meeting of the company in 2020, or June 30, 2021, whichever is earlier. As of March 12, 2020, the company had 217,800,000 ordinary shares in issue.