ABG Sundal Collier

Major Shareholding Notification • Mar 10, 2021

ABG - Share transactions

ABG - Share transactions

Shares sold to partners

On 10 March 2021 ABG Sundal Collier Holding ASA (“ABGSC”) sold a total of 12,044,200 ABG shares to new and existing partners in a combination of a share incentive program for partners, a share sale to specially identified staff who according to local regulations have to purchase shares as part of their variable compensation, and shares offered in connection with the agreements with Knut Brundtland as stated in the stock exchange notice on 3 September 2018. The shares were sold at a price of NOK 7.17 per share, reflecting the restrictions imposed on such shares.

Of the 12,044,200 shares sold, 11,789,000 shares were sold on forward contracts with a forward price of NOK 7.72 per share and settlement on 1 June 2026.

Settlement of forward contracts

With reference to our press releases of 10 March 2017 and 12 March 2020, partners today purchased 552,600 ASC-shares from ABGSC as settlement of forward contracts that were previously entered into. The shares were sold at an average price of NOK 2.9677 per share. The previously agreed prices of NOK 5.17 and NOK 2.76 have been adjusted for dividends, interest adjustments and earlier settlement of the forward contract.

Insider transactions

The following partners who hold executive positions in the firm (“insiders”) participated in the transactions:

Chairman of the Board, Knut Brundtland purchased through the family owned company Giotto AS 2,500,000 shares on a forward contract with settlement 1 June 2026 at a forward price of NOK 7.72 per share. Brundtland, incl. the family owned company Giotto, owns 4,083,000 shares plus 10,000,000 shares on forward contracts following the transaction.

Group CEO, Jonas Ström purchased 500,000 shares on a forward contract with settlement 1 June 2026 at a forward price of NOK 7.72 per share. Ström owns 1,128,000 shares plus 4,747,000 shares on forward contracts following the transaction.

Head of Investment Banking Sweden, Johan Lindén purchased 50,000 shares on a forward contract with settlement 1 June 2026 at a forward price of NOK 7.72 per share. Lindén owns 150,000 shares plus 4,775,000 shares on forward contracts following the transaction.

Head of Equity Sales Sweden & International, Per Flostrand purchased 50,000 shares on a forward contract with settlement 1 June 2026 at a forward price of NOK 7.72 per share. Flostrand, incl. a 100% owned company, owns 865,000 shares plus 3,850,000 shares on forward contracts following the transaction.

Treasury shares

ABGSC owns 25,902,271 treasury shares following the transactions above. ABGSC has forward contracts with partners purchasing a total of 104,789,200 with settlement in 2021 – 2026. ABGSC has authorization to re-purchase its shares in the market or to issue new shares.

Contacts:

Jonas Ström, CEO +46 8 566 294 68

Geir B. Olsen, CFO +47 22 01 60 35