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Kongsberg Gruppen — Transaction in Own Shares 2021
Oct 26, 2021
3649_rns_2021-10-26_1b312cba-750c-4342-a49f-b8337b18be1f.html
Transaction in Own Shares
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Transactions carried out under the share buy-back program
Transactions carried out under the share buy-back program
As announced 19 May 2021 KONGSBERG has placed a non-discretionary agreement with Danske Bank for the repurchase of KONGSBERG shares for up to NOK 200 million in the market. The share repurchases started 16 August 2021.
+-------------------+------------------+-------------------+-------------------+
| Date | Aggregert daily | Weighted price | Total |
| | volume | average price | transaction value |
| | (# of shares) | (NOK) | (NOK) |
+-------------------+------------------+-------------------+-------------------+
| 10/19/2021 | 5 821 | NOK 268.60 | NOK 1 563 530 |
+-------------------+------------------+-------------------+-------------------+
| 10/20/2021 | 5 855 | NOK 268.16 | NOK 1 570 080 |
+-------------------+------------------+-------------------+-------------------+
| 10/21/2021 | 5 824 | NOK 269.40 | NOK 1 569 011 |
+-------------------+------------------+-------------------+-------------------+
| 10/22/2021 | 5 815 | NOK 271.75 | NOK 1 580 231 |
+-------------------+------------------+-------------------+-------------------+
| 10/25/2021 | 5 708 | NOK 271.93 | NOK 1 552 201 |
+-------------------+------------------+-------------------+-------------------+
| Total earlier | 293 786 | NOK 244.71 | NOK 71 892 957 |
| announced | | | |
| buy-back under | | | |
| the program | | | |
+-------------------+------------------+-------------------+-------------------+
| Total purchased | 322 809 | NOK 246.98 | NOK 79 728 011 |
| under the program | | | |
+-------------------+------------------+-------------------+-------------------+
See the attached document for information about the individual transaction made under the buy-back program.
KONGSBERG will seek approval from the 2022 Annual General Meeting for cancellation of the repurchased shares. For further information regarding the share buy-back program, please see the stock exchange notifications from 6 May 2021 and 19 May 2021.
The buyback program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation").
After the above-mentioned transactions KONGSBERG owns a total of 373 790 own shares, corresponding to 0.19% of KONGSBERG's share capital.
Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the merchant navy and oil & gas, defence and aerospace industries. Kongsberg has almost 11,000 employees in 40 countries. Follow us on Twitter: @kongsbergasa.