Transaction in Own Shares • Mar 16, 2021
Transaction in Own Shares
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Initiation of share buyback in connection with Long Term Incentive Program
16.3.2021 10:36:22 CET | Entra ASA | Acquisition or disposal of the issuer's own
shares
Entra ASA ("Entra" or the "Company") intends to purchase own shares worth
approximately NOK 4.5 million in connection with allocation of shares under the
long-term incentive share program for senior management ("LTIP"). The buyback
will be made in accordance with the authorization granted at the Company's
General Meeting on 30 April 2020 where the minimum and maximum price that can be
paid per share were set at NOK 50 and NOK 250, respectively. The buyback will
commence following this announcement and is expected to end no later than 19
March 2021. The shares shall be purchased on Oslo Børs.
DISCLAIMER
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Tone Kristin Omsted, Head of Investor Relations, +47 98228510, [email protected]
ABOUT ENTRA ASA
Entra is a leading owner, manager and developer of office properties in Norway.
Entra owns and manages around 90 buildings totalling approximately 1.3 million
square meters, located in Oslo and the surrounding region, Bergen, Stavanger and
Trondheim. Entra has a solid customer portfolio with a high proportion of public
tenants. The company's strategy is focused on delivering profitable growth, high
customer satisfaction and environmental leadership
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/16126567/386/481/Download%20announcement%2
0as%20PDF.pdf
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