Oslo, 10 December 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 2 December through 6 December 2024, ABL Group
purchased a total of 65,752 shares at an average price of NOK 9.83 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) |
+------------------+---------------+---------------+---------------+
| 2.12.2024 | 18 750 | 9.94 | 186 360 |
+------------------+---------------+---------------+---------------+
| 3.12.2024 | 14 602 | 9.98 | 145 693 |
+------------------+---------------+---------------+---------------+
| 4.12.2024 | 400 | 9.97 | 3 988 |
+------------------+---------------+---------------+---------------+
| 5.12.2024 | 23 000 | 9.70 | 223 031 |
+------------------+---------------+---------------+---------------+
| 6.12.2024 | 9 000 | 9.71 | 87 363 |
+------------------+---------------+---------------+---------------+
| Total earlier | 95 450 | 9.48 | 904 838 |
| announced | | | |
| buy-back under | | | |
| the program | | | |
+------------------+---------------+---------------+---------------+
| Program total | 161 202 | 9.62 | 1 551 273 |
+------------------+---------------+---------------+---------------+
The issuer's holding of own shares: 207,415
Following the completion of the above transactions, ABL Group owned a total of
207,415 of its own shares, corresponding to 0.16% 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.