16. May 2022: Reference is made to the stock exchange notice from 11. May 2022
announcing a share buyback program for Elop AS. From 11. May 2022 through 15.
May 2022 Pareto Securities AS har bought 305.000 shares on the behalf of Elop AS
at an average price of NOK 2,2082 and a total value of NOK 673.504.
Additional information on the buyback program: The buyback program will consist
of share purchases up to NOK 10 million and will run until the order is
fulfilled. The shares will be repurchased in accordance with the authorization
granted at the company's annual general meeting on April 21st, 2021.
o Stian Thorsrud, Head of Communications and Marketing, tel: +47 993 00 003
o Øivind Horpestad, CEO and Executive Chairman, tel: +47 910 00 626
o Kim Boman, CFO, tel: +47 959 63 912
About Elop AS
Elop is a Norwegian technology company that delivers tools and digital solutions
to inspect, monitor and manage infrastructure worldwide. Through data-driven and
AI-based solutions for inspection and predictive maintenance of concrete
infrastructure, Elop's vision is to provide asset owners with solutions that
improve safety, extend asset lifetime, minimise total lifecycle cost and
environmental footprint. Elop is headquartered in Norway. For more information: