North Energy ASA - Status after close of share buy-back program

Oslo, 11 March 2019

 

The share buy-back program announced by North Energy ASA ("Company") on 27 February 2019 and concluded on 8 March 2019 resulted in the Company purchasing a total of 9,484,238 shares. All shares offered by the shareholders will be accepted for buy-back by the Company and the settlement will take place shortly. At a price of NOK 1.9 per shares the total consideration will be NOK 18,020,052. Upon settlement the Company will hold 9,484,238 own shares, representing 7.97% of the issued common shares. 

 

For further information, please contact:

Knut Sæberg, CEO
Mobile: +47 918 00 720 | E-mail: [email protected]

 

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.