Cambi ASA: Status update for the ongoing share buyback program
Asker, 4 April 2023, 22:00 CET
Reference is made to the notice issued on 20 January 2023, where Cambi ASA initiated a share buyback program for up to 712,035 shares to be used as part of the company’s employee incentive program.
Cambi reports the following transaction overview under the buyback program since the previous update on 20 March 2023:
|
Transaction date |
Aggregate daily volume |
Weighted average share price (NOK) |
Daily transactions value |
|
21.03.2023 |
1,623 |
8.00 |
12,984 |
|
29.03.2023 |
2,716 |
8.00 |
21,728 |
|
30.03.2023 |
2,650 |
8.00 |
21,200 |
|
31.03.2023 |
4,060 |
8.00 |
32,480 |
|
04.04.2023 |
5,000 |
8.00 |
40,000 |
|
Total buyback in the period |
16,049 |
8.00 |
128,392 |
|
Total previously disclosed buyback |
94,738 |
6.99 |
662,110 |
|
Total accumulated buyback |
110,787 |
7.14 |
790,502 |
At the outset of the share buyback program, Cambi owned a total of 10,870 own shares. On 21 March 2023, 100,000 shares were sold under the share-based incentive program for key employees. Following the completion of the above transactions, Cambi owns 21,657 own shares, corresponding to 0.014% of its total share capital.
An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on Newsweb and Cambi’s website.
This is information that Cambi has to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
Eirik Fadnes, CEO, +47 907 20 014, eirik.fadnes@cambi.com
About Cambi:
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 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.