Norway Royal Salmon ASA: Mandatory notification of trade - acquired treasury shares and extended TRS agreement
March 15 2017 - 6:50AM
Norway Royal Salmon ASA ("NRS") has today
exercised its contractual right to purchase 600.000 treasury shares
at a price of NOK 167.50 per share, while the company has extended
a TRS (Total Return Swap) with exposure to the remaining 1,754,691
shares in NRS to 15 September 2017. In connection with this TRS,
NRS has entered into an agreement with the contractual right to
acquire 1,754,691 shares in NRS at NOK 169.525075 per share.
Following this transaction and extension of the TRS agreement, NRS
holds 698,279 treasury shares and has contractual rights to
1,754,691 own shares, constituting 5.63 percent of the issued share
capital.
For more information, please
contact:
CFO Ola Loe, +47 9117 9411.
This information is subject
to the disclosure requirements pursuant to section 5-12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Norway Royal Salmon ASA via Globenewswire
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