Transaction in Own Shares • Dec 18, 2023
Transaction in Own Shares
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Transactions carried out under Kongsberg Automotive's share buy-back program
As announced on November 7, 2023 Kongsberg Automotive ASA (KA) has put in place
a non-discretionary agreement with Danske Bank for the repurchase of up to 2.5%
of its outstanding shares in the market. The share repurchases started on
November 17, 2023.
Date Aggregated Daily Weighted Total
Volume (# of Average Price Transaction
Shares) (NOK) Value(NOK)
December 12, 2023 300,000 1.94 582,480
December 13, 2023 300,000 1.91 572,940
December 14, 2023 300,000 1.96 587,790
December 15, 2023 300,000 1.99 597,600
December 18, 2023 300,000 1.98 594,450
Total Purchased 1,500,000 1.96 2,935,260
under the Program
(between December
12 and December
18,
2023)
Total Purchased 6,600,000 2.00 13,326,660
under the Program
(as
of December 18,
2023)
See the attached document for information about the individual transaction made
under the buy-back program.
For further information regarding the share buy-back program, please see the
stock exchange notification published on November 15, 2023.
The buyback program is carried out in accordance with the Market Abuse
Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No
2016/1052 (Safe Harbor Regulation).
After the above-mentioned transactions KA owns a total of 6,600,000 own shares,
corresponding to 0.69% of KA's share capital.
As communicated November 15, KA will publicly announce information about the
transactions relating to the buy-back program, in a detailed form and in an
aggregated form, no later than by the end of the seventh trading day following
the date of the execution of such transactions. The aggregated form will
indicate the aggregated volume and the weighted average price per day and per
trading venue. The information will also be posted on the KA's website. The next
announcement will be made after the trading day of December 27.
Investor Relations contact:
Mads Langaard - Head of Investor Relations
+47 905 81 264
Media and communications contact:
Therese Sjöborg Skurdal - Director Corporate Communications
+47 982 14 059
About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at: ko (https://www.kongsbergautomotive.com/)ngsbergautomotive.com (https://www.k
ongsbergautomotive.com/)
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