ABG Sundal Collier

Related Party Transaction • Jun 1, 2022

ABG - Issuing of new shares / Partner share transactions

ABG - Issuing of new shares / Partner share transactions

With reference to our press releases of 10 March 2017, 4 August 2017, 29 August 2017, 15 November 2017, 26 February 2018, 11 March 2019 and 12 March 2020, ABG Sundal Collier Holding ASA (“ABG”) will issue 12,596,100 new shares to partners. The shares will be issued based on the authority given by the general meeting on 26 April 2022. 250,000 shares will be issued at NOK 0.29 per share, 5,500,000 shares will be issued at NOK 1.15 per share, 4,496,100 shares will be issued at NOK 1.28 per share, 250,000 shares will be issued at NOK 1.63 per share, 1,250,000 shares will be issued at NOK 1.74 per share, 750,000 shares will be issued at NOK 1.78 per share and 100,000 shares will be issued at NOK 2.51 per share. The initial forward prices of NOK 2.76, NOK 4.01, NOK 4.99, NOK 5.10, NOK 5.16, NOK 5.17 and NOK 6.00 per share have been adjusted for dividends and earlier settlement of the forward contracts.

Total proceeds for the 12,596,100 new shares issued is NOK 16,321,008, of which NOK 2,897,103 is added to the share capital and NOK 13,423,905 is added to the account for share premium.

Following the transactions above the company will have a total of 483,343,195 shares outstanding. The company owns 7,068,978 treasury shares. The company has forward contracts with partners for a total of 81,305,700 shares with settlement in 2023 – 2027. ABG has authorization to re-purchase its shares in the market or to issue new shares.

Following the transaction ABG will issue the 5,000,000 shares purchased by Giotto AS, a company owned by Chairman of the Board, Knut Brundtland and his family. The shares are issued at a price of NOK 1.15 per share. The initial forward price of NOK 4.01 per share has been adjusted for dividends, interest changes and earlier settlement of the forward contract. Following the transaction, Brundtland, including the family owned companies Giotto AS and Piero AS, owns 11,583,000 shares plus 2,500,000 shares on a forward contract. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 250,000 shares purchased by Group CEO, Jonas Ström. The shares are issued at a price of NOK 1.28 per share. The initial forward price of NOK 5.17 per share has been adjusted for dividends and interest changes. Following the transaction, Ström owns 3,000,000 shares plus 3,375,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue 600,000 shares purchased by CFO, Geir B. Olsen and his 100% owned company GBO Holding AS. 500,000 shares are issued at a price of NOK 1.15 per share and 100,000 shares are issued at a price of NOK 2.51 per share. The initial forward prices of NOK 4.01 and NOK 6.00 per share have been adjusted for dividends, interest changes and earlier settlement of the forward contracts. Following the transaction, Olsen, including the 100% owned company, owns 1,600,000 shares. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 200,000 shares purchased by head of Investment Banking Sweden, Johan Lindén. The shares are issued at a price of NOK 1.28 per share. The initial forward price of NOK 5.17 per share has been adjusted for dividends and interest changes. Following the transaction, Lindén owns 1,425,000 shares plus 3,500,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 400,000 shares purchased by Fairway Drive AS, a company owned 100% by Head of Equity Sales Sweden & International, Per Flostrand. The shares are issued at a price of NOK 1.28 per share. The initial forward price of NOK 5.17 per share has been adjusted for dividends and interest changes. Following the transaction, Flostrand, incl. the 100% owned company, owns 2,265,000 shares plus 2,450,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 175,000 shares purchased by Hamp Invest AS, a company owned 100% by Managing partner & CEO ABG Norway, Peter Straume. The shares are issued at a price of NOK 1.28 per share. The initial forward price of NOK 5.17 per share has been adjusted for dividends and interest changes. Following the transaction, Straume, incl. the 100% owned company, owns 2,407,500 shares plus 2,250,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 100,000 shares purchased by Queensgambit AS, a company owned 100% by Global Co-head of Research, John Olaisen. The shares are issued at a price of NOK 1.28 per share. The initial forward price of NOK 5.17 per share has been adjusted for dividends and interest changes. Following the transaction, Olaisen, incl. the 100% owned company, owns 2,030,000 shares plus 2,350,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Contacts:

Jonas Ström, CEO +46 8 566 294 68

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