Aker Offshore Wind Holding AS

07/23/2021 | Press release | Distributed by Public on 07/23/2021 02:50

Aker Offshore Wind: Buyback of own shares

23 June 2021 - Reference is made to the stock exchange announcement made by Aker Offshore Wind AS ('Aker Offshore Wind' or the 'Company') on 16 June 2021 regarding the 2021 share purchase program for employees and the Company's buyback of own shares to settle subscriptions under such program. Since 16 June 2021, DNB, acting under an irrevocable mandate from Aker Offshore Wind, has acquired a total of 815 000 shares in the Company. The shares were purchased at an average price of NOK 4,90435 per share, as follows: • 16 July 2021: 415 000 shares at a weighted average price of NOK 4,9837 • 19 July 2021: 400 000 shares at a weighted average price of NOK 4,825 A detailed overview of the transactions is attached. Following these transactions, Aker Offshore Wind has a holding of 815 000 own shares. ENDS Contact: Ivar Simensen, Communications, Tel: +47 46 40 23 17, [email protected] Christian Yggeseth, Investor Relations, Tel: +47 915 10 000, [email protected] About Aker Offshore Wind Aker Offshore Wind is an offshore wind developer headquartered in Norway with focus on assets in deep waters. With global operations, the current portfolio consists of development projects and prospects located in Asia, North America and Europe. Aker Offshore Wind effectively deploys cost effective technologies from decades of offshore energy development. The Company is majority-owned by Aker Horizons, an investment company dedicated to creating value and reducing emissions from renewable energy and decarbonization technologies. Aker Offshore Wind (ticker: AOW) is admitted to trading on Euronext Growth in Oslo, Norway. *** The release is not for publication or distribution, in whole or in part directly or indirectly, in or into Australia, Canada, Japan or the United States (including its territories and possessions, any state of the United States and the District of Columbia) or in any other jurisdiction where such publication or distribution is unlawful. This release is an announcement issued pursuant to legal information obligations, and is subject to Euronext Growth (Oslo)'s disclosure requirements. It is issued for information purposes only, and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'US Securities Act'). The securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the US Securities Act. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.