Buy-back of shares in Arise during week 21, 2024

REG

During the period between 20 May and 24 May 2024 Arise AB (publ) (LEI code 549300FOT7EE85QYB655) (“Arise”) repurchased, in total, 85,639 own shares (ISIN code SE0002095604) under the share repurchase program initiated by the Board of Directors to deliver shareholder value and to optimize the capital structure of the company.

The share buy-backs form a part of the share repurchase program of a maximum amount of SEK 50 million, which Arise announced on 7 May 2024. The share repurchase program, which runs from 8 May 2024 until the date of Arise's Annual General Meeting in 2025, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The purpose of the repurchase of the ordinary shares is to adapt the Company's capital structure to its capital requirements over time, and thereby contribute to increased shareholder value. The intention is currently that the ordinary shares that have been repurchased will then be cancelled by resolutions at future General Meetings.

Arise shares have been repurchased (in SEK) as follows:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
20/05/2024 16,083 46.5744 749,056.08
21/05/2024 16,720 45.7946 765,685.71
22/05/2024 16,928 44.4346 752,188.91
23/05/2024 17,706 43.3005 766,678.65
24/05/2024 18,202 43.6996 795,420.12

All acquisitions have been carried out on Nasdaq Stockholm by Kepler Cheuvreux on behalf of Arise. Following the above acquisitions, Arise’s holding of own shares as of 24 May 2024 amounts to 469,829 shares. The total number of shares in Arise amounts to 42,713,301.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

Halmstad, 27 May 2024

ARISE AB (publ)

For further information, please contact:

Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

This information was submitted for publication, through the agency of the contact person set out above, at 18:00 CEST on 27 May 2024.

Datum 2024-05-27, kl 18:00
Källa Cision
Kopiera toppinvesterare! Med eToros innovativa CopyTrader™, kan du automatiskt kopiera andra investerares beslut. Hitta investerare som du tror på och kopiera deras investeringar i realtid. Inga extra avgifter tas ut för att använda CopyTrader-funktionen.
Copy Trading innebär inte investeringsråd. Värdet på dina investeringar kan gå upp eller ned. Ditt kapital löper risk.