ABL Group ASA has transferred 130,000 of its treasury shares to Stuart Jackson, Chief Financial Officer at ABL Group. The transfer of treasury shares to Mr. Jackson is made to fulfill an agreement with Mr. Jackson under which he, upon starting his engagement in the Company, were to receive 130,000 treasury shares. The treasury shares have been transferred following Mr. Jackson’s completion of his obligation to purchase shares and the Company completing its share re-purchase scheme to be able to transfer treasury shares under the agreement with Mr. Jackson.
The treasury shares transferred to Mr. Jackson have a lock-up until 23 January 2026.
Following completion of the above-mentioned transfer, the Company owns a total of 46,213 of its own shares, corresponding to approx 0,04% of the Company's share capital.
