Oslo, 26 November 2024 - ABL Group ASA ("ABL Group" or the "Company") (OSE: ABL)
initiated a share buyback program 19 November 2024 to repurchase up to 250,000
of the Company's common shares in open market transactions on the OSE until the
date the maximum number of shares have been repurchased. The repurchase will be
conducted in the period from 19 November 2024 to 20 December 2024 or until the
maximum number of shares have been repurchased.
For the period from and including 19 November through 22 November 2024, ABL
Group purchased a total of 39,600 shares at an average price of NOK 9.34 per
share. The transactions effected through the agreement with Arctic comprise all
the transactions effected by or on behalf of ABL Group during the period.
Transaction overview:
+------------------+---------------+---------------+---------------+
| Date | Aggregated | Weighted | Total daily |
| | daily volume | average price | transaction |
| | (# of shares) | (NOK) | value (NOK) |
+------------------+---------------+---------------+---------------+
| 19.11.2024 | 11 800 | 9.38 | 110 672 |
+------------------+---------------+---------------+---------------+
| 20.11.2024 | 11 700 | 9.34 | 109 250 |
+------------------+---------------+---------------+---------------+
| 21.11.2024 | 15 500 | 9.30 | 144 147 |
+------------------+---------------+---------------+---------------+
| 22.11.2024 | 600 | 9.38 | 5 628 |
+------------------+---------------+---------------+---------------+
| Total earlier | 0 | 0 | 0 |
| announced | | | |
| buy-back under | | | |
| the program | | | |
+------------------+---------------+---------------+---------------+
| Program total | 39 600 | 9.34 | 369 697 |
+------------------+---------------+---------------+---------------+
The issuer's holding of own shares: 85,813
Following the completion of the above transactions, ABL Group owned a total of
85,813 of its own shares, corresponding to 0.07% of ABL Group's share capital.
Appendix:
An overview of all transactions made under the Company's buyback program and its
agreement with Arctic Securities that have been carried out during the
above-mentioned time period is attached to this report and available at
www.newsweb.no.
Contact information:
Stuart Jackson, Chief Financial Officer
Email: stuart.jackson@abl-group.com
Haakon Brandrud, Director of Strategy and Corporate Development
Email: haakon.brandrud@abl-group.com
About ABL Group:
ABL Group (OSE: ABL Group ASA - ticker code "ABL") is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 43 countries worldwide and operates under four
main brands: ABL, OWC, Longitude and AGR.