04. December 2024
Multiconsult ASA (OSE: MULTI) announced on 3 June 2024 its intention to repurchase up to 500 000 of its ordinary shares in the market in connection with the employee share savings programme and executive management bonus schemes. As the company has not acquired a sufficient number of shares in the market to meet the demand from its employees, Multiconsult has entered into a share loan agreement with its largest shareholder, Stiftelsen Multiconsult, to assist in meeting this demand. The agreement was finalised on 3 December 2024 for a loan of 180 000 Multiconsult shares.
In consideration for the share loan, Multiconsult will pay Stiftelsen Multiconsult an amount corresponding to 4.41% per annum, based on 180 000 shares at a value of NOK 194.00 per share. Multiconsult will return the full number of shares to Stiftelsen Multiconsult no later than six months from the date of the agreement.
Stiftelsen Multiconsult considers the employee share purchase programme to be an important incentive for employees and, therefore, of significant value to the company.
For further information, please contact:
Investor relations:
Pål-Sverre Jørgensen, Group Treasurer & IRO
Phone: +47 416 11 161
E-mail: ir@multiconsult.no / psmj@multiconsult.no
Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.