Shares sold to partners
On 19 February 2024 ABG Sundal Collier Holding ASA ("ABGSC") sold a total of
15,625,000 ABG shares to new and existing partners as part of the annual share
incentive program for partners. The shares were sold at a price of NOK 5.44 per
share, reflecting the restrictions imposed on such shares.
Of the 15,625,000 shares sold, 14,585,000 shares were sold on forward contracts
with a forward price of NOK 7.08 per share and settlement on 1 June 2029.
Insider transactions
CEO Jonas Ström purchased 500,000 shares on a forward contract with settlement 1
June 2029 at a forward price of NOK 7.08 per share. Ström owns 3,375,000 shares
plus 3,500,000 shares on forward contracts following the transaction.
Co-head of Investment Banking and CEO ABGSC Norway, Kristian B. Fyksen,
including the 100% owned company KBF AS, purchased 750,000 shares at a price of
NOK 5.44 per share. Fyksen, incl. the 100% owned company KBF AS, owns 2,000,000
shares plus 1,500,000 shares on forward contracts following the transactions.
CFO Geir B, Olsen, including the 100% owned company GBO Holding AS, purchased
200,000 shares at a price of NOK 5.44 per share and 50,000 shares on a forward
contract with settlement 1 June 2029 a forward price of NOK 7.08 per share.
Olsen, incl. the 100% owned company GBO Holding AS, owns 1,800,000 shares plus
50,000 shares on a forward contract following the transaction.
Co-head of Investment Banking Johan Lindén purchased 100,000 shares on a forward
contract with settlement 1 June 2029 at a forward price of NOK 7.08 per share.
Lindén owns 1,625,000 shares plus 3,400,000 shares on forward contracts
following the transaction.
Head of Equity Sales Sweden & International, Per Flostrand, purchased 100,000
shares on a forward contract with settlement 1 June 2029 at a forward price of
NOK 7.08 per share, Flostrand, incl. the 100% owned company Fairway Drive AS,
owns 2,665,000 shares plus 2,150,000 shares on forward contracts following the
transaction.
Head of Legal Jessica Blink purchased 50,000 shares on a forward contract with
settlement 1 June 2029 at a forward price of NOK 7.08 per share. Blink owns
250,000 shares plus 75,000 shares on forward contracts following the
transaction.
Treasury shares
ABGSC owns 7,359,490 treasury shares following the transactions above. ABGSC has
forward contracts with partners purchasing a total of 83,420,700 with settlement
in 2024 - 2029. ABGSC has authorization to re-purchase its shares in the market
or to issue new shares.
Contacts:
Jonas Ström, CEO +46 8 566 294 68
Geir B. Olsen, CFO +47 22 01 60 35