ABG Sundal Collier

Share Issue/Capital Change • Mar 22, 2024

ABG - Partner share transactions

ABG - Partner share transactions

With reference to our press releases of 11 March 2019, 15 July 2019, 5 December 2019 and 8 April 2020, ABG Sundal Collier Holding ASA (“ABG”) will issue 30,271,700 new shares to partners. The shares will be issued based on the authority given by the general meeting on 26 April 2023. The shares will be issued at an average price of NOK 0.6887 per share. The initial forward prices of NOK 4.01, NOK 3.51, NOK 3.42 and NOK 3.16 per share has been adjusted for dividends and interest changes.

Total proceeds for the 30,271,700 new shares issued is NOK 20,848,732, of which NOK 6,962,491 is added to the share capital and NOK 13,886,241 is added to the account for share premium.

Following the transaction above the company will have a total of 527,734,895 shares outstanding. The company owns 7,109,490 treasury shares. The company has forward contracts with partners for a total of 52,999,000 shares with settlement in 2025 – 2029. ABG has authorization to re-purchase its shares in the market or to issue new shares.

Following the transaction ABG will issue the 2,000,000 shares purchased by CEO Jonas Ström. The shares are issued at a price of NOK 0.71 per share. The initial forward price of NOK 4.01 per share has been adjusted for dividends and interest changes. Following the transaction, Ström owns 5,375,000 shares plus 1,500,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 500,000 shares purchased by KBF AS, a company owned 100% by Co-head of Investment Banking and CEO ABGSC Norway, Kristian B. Fyksen. The shares are issued at a price of NOK 0.71 per share. The initial forward price of NOK 4.01 per share has been adjusted for dividends and interest changes. Following the transaction, Fyksen, incl. the 100% owned company KBF AS, owns 2,500,000 shares plus 1,000,000 shares on a forward contract. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 3,250,000 shares purchased by Co-head of Investment Banking, Johan Lindén. The shares are issued at a price of NOK 0.71 per share. The initial forward price of NOK 4.01 per share has been adjusted for dividends and interest changes. Following the transaction, Lindén owns 4,875,000 shares plus 150,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 2,000,000 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 0.71 per share. The initial forward price of NOK 4.01 per share has been adjusted for dividends and interest changes. Following the transaction, Flostrand, incl. the 100% owned company Fairway Drive AS, owns 4,665,000 shares plus 150,000 shares on forward contracts. His exposure towards ABG remains unchanged after the transaction.

Following the transaction ABG will issue the 2,000,000 shares purchased by Queensgambit AS, a company owned 100% by Co-head of Research, John Olaisen. The shares are issued at a price of NOK 0.71 per share. The initial forward price of NOK 4.01 per share has been adjusted for dividends and interest changes. Following the transaction, Olaisen, incl. the 100% owned company, owns 4,380,000 shares. 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