Transaction in Own Shares • Oct 10, 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)
04 October 2022 686.290 2,25 1.545.525
05 October 2022 671.388 2,23 1.495.785
06 October 2022 680.539 2,25 1.529.375
07 October 2022 673.104 2,34 1.576.410
10 October 2022 641.177 2,35 1.504.522
Total Purchased under the 55.957.184 2,54 142.187.682
Program (as of October 03,
2022)
Total Purchased under the 59.309.682 2,53 149.839.299
Program (as of October 10,
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
59.299.183 own shares, corresponding to 5.62% 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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