Grieg Seafood ASA: Share buy-back completed
Grieg Seafood ASA’s (the “Company“) share buy-back program, announced on 21 December 2022 (the “Share buy-back“), is now completed.
Please see below information about transactions made under the Share buy-back. From 21 December 2022 until 30 December 2022, the Company has in total acquired 385,000 own shares at the Oslo Stock Exchange under the Share buy-back at an average share price of NOK 77.7643. Thus, the total consideration is NOK 29,939,237.53.
Aggregated overview of transactions per day:
| Date | Aggregated volume (number of shares) | Weighted average share price (NOK) | Total transaction value (NOK) |
| 21 December | 80,000 | 77.3805 | 6,190,440.00 |
| 22 December | 80,000 | 77.4692 | 6,197,536.00 |
| 23 December | 80,000 | 77.1228 | 6,169,824.00 |
| 27 December | 39,980 | 77.8939 | 3,114,198.12 |
| 28 December | 35,000 | 77.9293 | 2,727,525.50 |
| 29 December | 50,020 | 78.8455 | 3,943,851.91 |
| 30 December | 20,000 | 79.7931 | 1,595,862.00 |
| Totally acquired under the Share buy-back | 385,000 | 77.7643 | 29,939,237.53 |
Following the transactions under the Share buy-back, the Company holds a total of 1,517,981 own shares, representing 1.3381% of the Company’s share capital. As stated, the purpose of the Share buy-back has been to re-increase the number of own shares held as the Company has used own shares in connection with its share saving program for employees.
Attachment: An overview of all the completed transactions under the Share buy-back for all transaction dates is enclosed to this notification and available on www.newsweb.no.
Bergen, 30 December 2022.
For enquiries, please contact:
Atle Harald Sandtorv, CFO Cell phone +47 908 45 252
About Grieg Seafood
Grieg Seafood ASA is one of the world’s leading salmon farmers. Our farms are in Finnmark and Rogaland in Norway, and British Columbia as well as Newfoundland in Canada. Our headquarter is located in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007. More than 750 people work in the company throughout our regions.
Sustainable farming practices are the foundation of Grieg Seafood’s operations. The lowest possible environmental impact and the best possible fish welfare is both an ethical responsibility and drive economic profitability. Towards 2026, we aim for global growth, cost improvements and to evolve from a pure salmon supplier to an innovation partner for selected customers.
To learn more, please visit www.griegseafood.com.
This information is publicly disclosed in accordance with section 5-12 of the Norwegian Securities Trading Act as well as the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).
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