KONGSBERG enter into agreement for purchase of own shares for employee share programme
Kongsberg Gruppen ASA (KONGSBERG, OSE: KOG) has mandated DNB Markets to purchase shares with a value up to MNOK 220. The mandate is related to the share programme for employees.
Pursuant to the mandate agreement, DNB Markets will start the purchasing of shares to this programme on or about 23 November 2026 and until 20 December 2026. If volumes defined by the safe harbor regulations are too low for the programme to be completed within this time period, the time period will be extended by 30 days, but in no case exceed the time limit set out in the power of attorney granted. The total amount will be determined based on the total commitment by the employees but will not exceed MNOK 220.
The shares will be transferred to employees who have chosen to participate in the programme at a later time. DNB Markets will make its own decisions related to the purchase of the shares independently of, and without influence from the company regarding the timing of purchase.
The shares will be purchased in accordance with the applicable securities law and regulations, as well as the effective power of attorney related to purchase of own shares granted by the Company's General Assembly.