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AF Gruppen

Transaction in Own Shares Sep 27, 2017

3522_rns_2017-09-27_a07f43ed-2f4a-4bb7-90ee-49f038d5361f.html

Transaction in Own Shares

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AF Gruppen - share repurchase programme

AF Gruppen - share repurchase programme

At the annual general meeting of AF Gruppen ASA (the "Company") held

on 12 May 2017, it was resolved to authorise the board of directors

to acquire own shares in the Company. The highest amount permitted

to be paid for shares under the authority is NOK 250.

The board of directors of the Company has resolved to initiate a

share repurchase programme on the basis of this authority. Shares

acquired under the programme are intended be used in connection with

AF Gruppen's employee share scheme.

The maximum number of shares which may be acquired under the

programme will be 960,543. The programme will, unless otherwise

announced, remain in force until 11 October 2017.

The Company has engaged Arctic Securities to carry out the share

repurchase programme on its behalf.

For further information, please contact:

Finance manager AF Gruppen: Lars Chr. Paulsen, tel. +47 900 25 969

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