Pareto Bank ASA (the "Company") has today engaged Pareto Securities AS to
conduct a buyback of own shares to be used in the Company's bonus and share
purchase programs for management and employees.
The program's purpose is to fulfill obligations arising as a result of the
Company's bonus program, as well as facilitate the implementation of its share
purchase program.
The maximum pecuniary amount allocated to the program is NOK 8,500,000.
The maximum number of shares to be acquired is 150,000.
The buyback will be made in accordance with the authorization granted at the
Company's annual general meeting on 4 April 2024 and in accordance with article
5 of the Market Abuse Regulation.
The buyback will commence 07 February 2025 and is expected to end no later than
14 March 2025.
Shareholders with questions regarding the share buyback program are kindly asked
to contact In-house legal counsel Even Wahl tlf. +47 47 27 05 31.
This information is announced in accordance with article 5 of the Market Abuse
Regulation and section 5-12 of the Securities Trading Act.