Moreld ASA: Status on share buy-back programme
On 13 July 2026, Moreld ASA (the "Company" or "Moreld") announced that the Company had decided to initiate a non-discretionary share buy-back programme for up to 1,500,000 existing shares in Moreld, equivalent to approximately 0.84% of Moreld's shares in issue, with the purpose to enable the Company to meet its obligations under any applicable employee share incentive programme implemented and/or to repurchase shares for amortization. The total consideration paid for the shares purchased under the buy-back programme will not exceed NOK 35 million.
In the period from 27 July 2026 to 31 July 2026, Moreld purchased a total of 198,859 own shares at Euronext Oslo Børs at an average price of NOK 20.2851 per share. Following this, Moreld has purchased a total of 545,063 own shares under the current buy-back programme and holds a total of 2,568,882 own shares, equal to approximately 1.43% of the shares in issue. An overview of all buy-backs made under the buy-back programme that have been carried out during the abovementioned time period is attached to this announcement and available at https://newsweb.oslobors.no/.
Below is an aggregated overview of the transactions carried out under the buy-back programme:
+--------------------+-----------------+---------------+------------------+--+ | | | | | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | Date | Aggregated | Weighted | Total daily | | | | daily volume | average share | transaction | | | | (number of | price per day | value (NOK) | | | | shares) | (NOK) | | | +--------------------+-----------------+---------------+------------------+--+ | 27.07.2026 | 40,000 | 21.0170 | 840,678 | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | 28.07.2026 | 40,000 | 20.4194 | 816,774 | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | 29.07.2026 | 38,859 | 19.9631 | 775,745 | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | 30.07.2026 | 40,000 | 20.0025 | 800,100 | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | 31.07.2026 | 40,000 | 20.0149 | 800,594 | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | | | | | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | | | | | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | | | | | | | | | | | | +--------------------+-----------------+---------------+------------------+--+ | Previously | 346,204 | 21.0395 | 7,283,964 | | | disclosed buyback | | | | | | under the | | | | | | programme | | | | | | (accumulated) | | | | | +--------------------+-----------------+---------------+------------------+--+ | Accumulated under | 545,063 | 20.7643 | 11,317,856 | | | the buyback | | | | | | programme | | | | | +--------------------+-----------------+---------------+------------------+--+ | | | | | | | | | | | | +--------------------+-----------------+---------------+------------------+--+
Date on which the buy-back programme was announced: 13 July 2026. The duration of the buy-back programme: 13 July 2026 -- 31 December 2026.
For more information about the buy-back programme, please see the stock exchange announcement published on 13 July 2026, which is available at https://newsweb.oslobors.no/.
The share buy-back programme is carried out in accordance with Regulation (EU) No 596/2014 (the "Market Abuse Regulation") and Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). This information is subject to the disclosure requirements pursuant to article 5 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
CEO Geir Austigard Telephone: +47 992 47 500 Email: Geir.austigard@moreld.com
CFO Trond Rosnes Telephone: +47 404 14 494 Email: Trond.rosnes@moreld.com
About Moreld
Moreld is an industrial multi-disciplinary engineering group offering full-scope services across the offshore energy and marine industries, including subsea installations. The group comprises Moreld Apply, Ocean Installer and Global Maritime. Moreld is a major player on the Norwegian continental shelf with an international footprint. The Group is located in 19 countries, giving access to all major offshore markets, and has over 2,800 employees and contractors. For more information, please visit https://moreld.com/.