Asker, 22 December 2022, 18:09 CET
Reference is made to the notice issued on 20 December 2022, where Cambi ASA initiated a share buyback offer of up to 2,400,000 shares to all shareholders.
Cambi has resolved to buy back 1,689,070 own shares at a price of NOK 6.00 per share. The price was determined through a book-building process.
The trade date for the shares will be 23 December 2022, and settlement will take place on 28 December 2022 (T+2).
As a result of the buyback, Cambi owns 1,810,870 own shares, corresponding to 1.13% of the total share capital.
For more information, please contact:
Mats Tristan Tjemsland, CFO, +47 920 67 094, email@example.com
Cambi is a global biogas technology and solutions supplier for wastewater treatment plants and anaerobic digestion facilities. Since 1992, Cambi has retained market leadership through continuous innovation and a robust portfolio of proven and patented technologies. With strong project delivery and customer support capabilities, the company has delivered many well-performing installations in 26 countries on six continents.
Cambi’s thermal hydrolysis process increases renewable energy output, reduces operational costs, and minimises greenhouse gas emissions. It is suitable for all biosolids outlets, including land application and thermal processes such as drying, pyrolysis, and incineration. Thermal hydrolysis is compatible with all sludge and waste treatment regulations and easy to integrate at new and existing anaerobic digestion sites.
Cambi is listed on Euronext Growth Oslo, a multilateral trading facility part of Euronext, the largest stock exchange platform in Europe. Find out more at cambi.com.