Multiconsult ASA - initiates share buy-back programme

The purpose of the programme is to meet obligations arising from Multiconsult's employee share saving programme and executive management bonus schemes. As part of this, a portion of the purchased shares will be used to settle the loan under the share loan agreement with its largest shareholder Stiftelsen Multiconsult ("Stiftelsen") as announced on 4 December 2024, where Multiconsult borrowed 180 000 of its ordinary shares from Stiftelsen in connection with Multiconsult's employee share saving program and executive management bonus schemes. 

The buy-back programme comprises a repurchase of up to 500 000 of Multiconsult's own shares to a total value of up to NOK 150 million. The share buy-back programme will be managed by DNB Markets, a part of DNB Bank ASA, which will make its trading decisions in relation to the shares independently of, and uninfluenced by Multiconsult. This may result in Multiconsult buying shares through periods where the company otherwise would have been restricted. The buy-back programme will be in force from 24 February 2025 until the earlier of the maximum number of shares as set out above has been acquired, or 28 November 2025 (subject to Multiconsult being granted necessary authorisations). The shares will be repurchased in accordance with the authorisation given by Multiconsult's annual general meeting to the board of directors on 11 April 2024, as well as for any purchases after 10 April 2025, the authorisation expected to be given by Multiconsult's annual general meeting to the board of directors on 10 April 2025. 

The share buyback program will be carried out in accordance with Regulation (EU) No 596/2014 (the "Market Abuse Regulation") and Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation").

Multiconsult currently owns a total of 34 355 its own shares, corresponding to 0.12 per cent of Multiconsult's share capital. 

For further information, please contact: 

Investor relations:
Pål-Sverre Jørgensen, Group Treasurer & Investor Relation Officer    
Phone: +47 416 11 161
E-mail: ir@multiconsult.no / psmj@multiconsult.no 

Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no 

The buy-back programme is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation"). This is information that Multiconsult is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.