Related Party Transaction • Feb 18, 2025
Related Party Transaction
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ABG Share transactions
Shares sold to partners
On 17 February 2025 ABG Sundal Collier Holding ASA (“ABGSC”) sold a total of 9,268,000 ABG shares to new and existing partners as part of the annual share incentive program for partners. The shares were sold at a price of NOK 5.96 per share, reflecting the restrictions imposed on such shares.
Of the 9,268,000 shares sold, 8,968,000 shares were sold on forward contracts with a forward price of NOK 7.68 per share and settlement on 1 June 2030.
Insider transactions
CEO Jonas Ström purchased 200,000 shares on a forward contract with settlement 1 June 2030 at a forward price of NOK 7.68 per share. Ström owns 5,375,000 shares plus 1,700,000 shares on forward contracts following the transaction.
Head of Investment Banking and CEO ABGSC Norway, Kristian B. Fyksen, including the 100% owned company KBF AS, purchased 300,000 shares at a price of NOK 5.96 per share. Fyksen, incl. the 100% owned company KBF AS, owns 2,800,000 shares plus 1,000,000 shares on forward contracts following the transactions.
CFO Geir B, Olsen, including the 100% owned company GBO Holding AS, purchased 150,000 shares on a forward contract with settlement 1 June 2030 a forward price of NOK 7.68 per share. Olsen, incl. the 100% owned company GBO Holding AS, owns 1,800,000 shares plus 200,000 shares on forward contracts following the transaction.
Head of Investment Banking Sweden, Erik Skog purchased 300,000 shares on a forward contract with settlement 1 June 2030 at a forward price of NOK 7.68 per share. Skog owns 1,150,000 shares plus 2,050,000 shares on forward contracts following the transaction.
Co-head of Equities, Olof Cederholm purchased 300,000 shares on a forward contract with settlement 1 June 2030 at a forward price of NOK 7.68 per share. Cederholm owns 2,035,000 shares plus 1,265,000 shares on forward contracts following the transaction.
Head of Research, John Olaisen, including the 100% owned company Queensgambit AS purchased 150,000 shares on a forward contract with settlement 1 June 2030 at a forward price of NOK 7.68 per share. Olaisen, including the 100% owned company Queensgambit AS owns 4,380,000 shares plus 150,000 shares on forward contracts following the transaction.
Treasury shares
ABGSC owns 6,509,490 treasury shares following the transactions above. ABGSC has forward contracts with partners purchasing a total of 62,342,000 with settlement in 2025 – 2030. 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
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