On 11 July 2025, Moreld ASA announced that the Company had decided to initiate a non-discretionary share buy-back programme for up to 3,144,000 existing shares in Moreld, equivalent to approximately 1.75% of Moreld's shares in issue, with the purpose to enable the Company to meet its obligations under any applicable employee share incentive programme implemented and/or to repurchase shares for amortization. The total consideration paid for the shares purchased under the buy-back programme will not exceed NOK 43 million.
In the period from 11 July 2025 to 18 July 2025, Moreld purchased a total of 233,500 own shares at Euronext Oslo Børs at an average price of NOK 18.1441 per share. Following this, Moreld has purchased a total of 233,500 own shares under the current buy-back programme and holds a total of 2,089,500 own shares, equal to approximately 1.16% of the shares in issue. An overview of all buy-backs made under the buy-back programme that have been carried out during the above mentioned time period is available at https://newsweb.oslobors.no/.
Below is an aggregated overview of the transactions carried out under the buy-back programme:
Date on which the buy-back programme was announced: 11 July 2025.
The duration of the buy-back programme: 11 July 2025 – 31 December 2025.
For more information about the buy-back programme, please see the stock exchange announcement published on 11July 2025, which is available at https://newsweb.oslobors.no/.
The share buy-back programme is carried out in accordance with Regulation (EU) No 596/2014 (the "MarketAbuse Regulation") and Commission Delegated Regulation (EU) No2016/1052 (the "Safe Harbour Regulation"). This information issubject to the disclosure requirements pursuant to article 5 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com
CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com
