Reference is made to the stock exchange notice of 7
June 2016 regarding Entra's share buy-back in connection with the Employee Shares Saving Scheme. On behalf of Entra, Swedbank has on 20
June 2016 purchased 10,250 shares at an average price of NOK 78.4 per share.
Entra has in total bought 120,050 treasury shares at an average price of NOK 79.4 per share which equals the total number of shares finally allocated in the Employee Shares Saving Scheme. The share buy-back program in connection with the Employee Shares Saving Scheme is then completed.
Entra ASA has on 20
of June 2016 sold the 120,050 treasury shares to eligible participants who have been allocated shares in the Employee Shares Saving Scheme at a price of NOK 62.2 per share. Following the transaction, Entra ASA holds 0 treasury shares in Entra ASA. An overview of the shares allocated to and acquired by primary insiders is enclosed to this release.
Further details about the Employee Shares Saving Scheme were provided in the notice for the annual general meeting of Entra held on 28 April 2016 and on Entra's website
. The shares offered in the Employee Share Saving Scheme were ordinary shares of Entra ASA carrying same rights as the other shares issued by the company. The shares were offered to eligible participants in the Employee Share Saving Scheme absent the requirement to publish an offering prospectus, pursuant to section 7-4 (1) subsection 9 of the Norwegian Securities Trading Act.
For further queries please contact: Anders Olstad, CFO, tel: +47 900 22 559, email: firstname.lastname@example.org
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.