AF Gruppen

Share Issue/Capital Change • Jun 20, 2019

Share issue and sale of shares

Share issue and sale of shares

The Board of Directors of AF Gruppen ASA (AFG) has decided to go through with the Company’s share purchase program for employees.

544 employees have subscribed a total of 677,311 shares. The shares are subscribed at a price of NOK 128.80 per share, which corresponds to a 20 per cent discount compared to the average market price during the subscription period.

In connection with this, the Board has decided to sell 132,703 of the Company’s own shares. The Company’s holding of own shares after this transaction will be 0 shares.

The Board has also decided to issue 544,608 shares towards Company employees, in accordance with the Power of Attorney given by the General Assembly 15 May 2019.

The Company’s share capital will increase by NOK 27,230.40 after the issue of 544,608 shares with a nominal value of NOK 0.05 per share. When the share issue is completed, the number of shares in AF Gruppen ASA will be 100,290,698. New share capital in AF Gruppen ASA will be NOK 5,014,534.90.

The sale and issue of shares is expected to be completed by July 10th, 2019.

A new certificate of registration will be submitted to Oslo Stock Exchange when it is available.