Scatec ASA: Employee Share Purchase Programme 2021

Scatec ASA: Employee Share Purchase Programme 2021

5 May 2021: Scatec is continuing its Employee Share Purchase Programme established in 2019. The participants are offered to purchase shares with a subscription value of between NOK 17,078 and NOK 85,389. Employees are offered a price reduction of 20 percent of the subscription value in exchange for the shares being subject to a two-year lock-up period and a general discount of up to 25% of the market value (up to NOK 7,500). The subscription period will run from 5 May to 12 May 2021. The price per share will be based on the average volume-weighted share price on the Oslo Stock Exchange from and including 6 May to 12 May 2021. The allocation of shares will take place on 4 June 2021. DNB will on behalf of the Company purchase Scatec ASA shares in the open market for onwards sale to participants under the programme. For further information, please contact: Ingrid Aarsnes, VP Communication & IR, tel: +47 950 38 364 email: About Scatec ASA: Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As …
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