Transaction in Own Shares • Nov 21, 2022
Transaction in Own Shares
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Transactions carried out under the share buy-back program
As announced May 13, 2022 Kongsberg Automotive ASA put in place a non
-discretionary agreement with Danske Bank for the repurchase of Kongsberg
Automotive shares for up to 10% of its outstanding shares in the market. The
share repurchases started May 19, 2022.
Date Aggregated Daily Weighted Total
Volume (# of Average Price Transaction
Shares) (NOK) Value(NOK)
15 November 2022 566.282 2,60 1.472.446
16 November 2022 557.513 2,55 1.423.386
17 November 2022 601.042 2,48 1.491.906
18 November 2022 604.486 2,52 1.523.244
21 November 2022 592.454 2,57 1.520.474
Total Purchased under the 73.813.540 2,54 187.414.055
Program (as of November 14,
2022)
Total Purchased under the 76.735.317 2,54 194.845.512
Program (as of November 21,
2022)
See the attached document for information about the individual transaction made
under the buy-back program.
Kongsberg Automotive will seek approval from the 2023 Annual General Meeting for
cancellation of the repurchased shares. For further information regarding the
share buy-back program, please see the stock exchange notifications from May 13,
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 Harbour Regulation").
After the above-mentioned transactions Kongsberg Automotive owns a total of
76.724.818 own shares, corresponding to 7.27% of Kongsberg Automotive's share
capital.
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: kongsbergautomotive.com (https://www.kongsbergautomotive.com/)
Media contact:
Therese Sjoborg Skurdal
+47 982 14 059
Investor relations contact:
Mads Langaard
+47 905 81 264
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