Lundin Energy resolves to commence sales of treasury shares on Nasdaq Stockholm
05 May 2022
Lundin Energy AB (“Lundin Energy” or the “Company”) has resolved to commence the sale of all 1,356,436 treasury shares on Nasdaq Stockholm in accordance with the authorisation from the Annual General Meeting on 31 March 2022 and the Transaction Agreement regarding the combination of the Company’s E&P business with Aker BP ASA.
Sales of treasury shares will take place on Nasdaq Stockholm at a price within the spread between the highest bid price and lowest ask price prevailing and disseminated by Nasdaq Stockholm from time to time during a period commencing on 5 May 2022 and ending on 22 June 2022, at the latest. The Company has engaged Pareto Securities AB to execute the sales of the treasury shares.
Completed sales will be reported to Nasdaq Stockholm within seven trading days from the day of each transaction.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.