Bifogade filer
Moreld ASA: Share buy-back programme closed
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Tjänster |
| Industri | Shipping & Offshore |
Reference is made to the stock exchange announcement made by Moreld ASA (the "Company" or "Moreld") on 11 July 2025 regarding the Company's announcement of initiation of a non-discretionary share buy-back programme of up to 3,144,000 existing shares in Moreld, equivalent to approximately 1.75% of Moreld's share capital.
On 18 August 2025, Moreld purchased a total of 65,200 own shares at Euronext Oslo Børs at an average price of approximately NOK 18.88 per share.
Below is an aggregated overview of the transactions carried out under the buy-back programme:
| Date | Aggregated daily volume (number of shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) |
| 18.08.2025 | 65,200 | 18.8772 | 1,230,793 |
| Previously disclosed buyback under the programme (accumulated) | 1,387,000 | 19.2876 | 26,751,965 |
| Accumulated under the buyback programme | 1,452,200 | 19.2692 | 27,982,758 |
Following the repurchases described above, the share buy-back programme is now closed at a total of 1,452,200 own shares purchased under the buy-back programme. The Company may decide to re-initiate the share buy-back programme at its sole discretion to acquire the remaining 1,691,800 of the buy-back programme's maximum announced amount of up to 3,144,000 shares, and will in such case make appropriate announcements in this respect.
The shares purchased under the share buy-back programme will be used by the Company to meet its obligations under any applicable employee share incentive programme implemented and/or to repurchase shares for amortization.
Since 11 July 2025, Moreld has purchased 1,452,200 own shares at Euronext Oslo Børs under the share buy-back programme at an average price of NOK 19.2692 per share. Following this, Moreld holds a total of 3,308,200 own shares, equal to approximately 1.84% of the Company's share capital.
An overview of all buy-backs that have been carried out under the programme in the period between 11 July 2025 and 19 August 2025, in a detailed and an aggregated form, is attached to this announcement and available at https://newsweb.oslobors.no/.
For more information about the buy-back programme, please see the stock exchange announcement of 11 July 2025.
The share buy-back programme has been carried out in accordance with Regulation (EU) No 596/2014 (the "Market Abuse Regulation") and Commission Delegated Regulation (EU) No 2016/1052.
For more information, please contact:
CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com
CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com
About Moreld
Moreld is an industrial multi-disciplinary engineering group offering full-scope services across the offshore energy and marine industries, including subsea installations. The group comprises Moreld Apply, Ocean Installer and Global Maritime. Moreld is a major player on the Norwegian continental shelf with an international footprint. The Group is located in 19 countries, giving access to all major offshore markets, and has over 2,800 employees and
contractors. For more information, please visit https://moreld.com/.
This information is subject to the disclosure requirements pursuant to article 5 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.