{"id":44678,"date":"2026-03-20T14:47:43","date_gmt":"2026-03-20T14:47:43","guid":{"rendered":"https:\/\/www.europesays.com\/dk\/44678\/"},"modified":"2026-03-20T14:47:43","modified_gmt":"2026-03-20T14:47:43","slug":"correction-itera-asa-offer-to-buy-back-shares-in-itera-asa","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/dk\/44678\/","title":{"rendered":"Correction: Itera ASA: Offer to buy back shares in Itera ASA"},"content":{"rendered":"<p>This is a correction of dates in the notification issued at 07:30 CET this<br \/>morning (#12870806). The correct dates are from Wednesday 18 March to Thursday<br \/>19 March of 2026. Corrected notification below:<\/p>\n<p>Itera ASA: Offer to buy back shares in Itera ASA<br \/>NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED<br \/>STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE<br \/>UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES.<\/p>\n<p>Itera ASA: Offer to buy back shares in Itera ASA<\/p>\n<p>Itera ASA (&#8220;Itera&#8221; or the &#8220;Company&#8221;) has decided to launch an offer to all<br \/>shareholders in the Company, who may lawfully participate, to buy back up to<br \/>800,000 shares in the Company in connection with its employee option and share<br \/>purchase programs. The buyback will be conducted as a reverse book-building<br \/>process in which shareholders can submit sales offers. <\/p>\n<p>The book building period commences today, Wednesday 18 March 2026, at 09:00<br \/>hours CET and is expected to close at 15:00 hours CET on Thursday 19 March 2026.<br \/>The Company reserves the right to accept sales offers received after the end of<br \/>the book building period, as well as to close or extend the book building period<br \/>at any time and for any reason in its sole discretion without further notice. <\/p>\n<p>Sales offers are irrevocable and cannot be withdrawn once received, however if<br \/>the book building period is extended, sales offers can be withdrawn up to the<br \/>expiry of the extended book-building period.<\/p>\n<p>The execution of any repurchases will depend on market conditions. The Company<br \/>will determine criteria for the allocation of the acceptances in accordance with<br \/>the best interest of the Company and the equal treatment of shareholders. The<br \/>Company may decide to repurchase fewer shares than set out above, or choose to<br \/>repurchase no shares at all, at its sole discretion.<\/p>\n<p>SB1 Markets AS acts as sole bookrunner in connection with the buyback, and<br \/>shareholders wanting to sell shares can contact SB1 Markets AS at +47 24 14 74<br \/>70.<\/p>\n<p>The buyback will be based on the authorization provided by the Company&#8217;s annual<br \/>general meeting held on 26 May 2025. <\/p>\n<p>As at today, 18 March 2026, the Company owns 472,596 own shares.<\/p>\n<p>For further information, please contact:<br \/>Bent Hammer, CFO<br \/>+47 982 15 497<\/p>\n<p>This information is subject to the disclosure requirements pursuant to section<br \/>5-12 of the Norwegian Securities Trading Act.<\/p>\n<p>The offer contemplated hereby and the distribution of this announcement and<br \/>other information in connection with the offer may be restricted by law in<br \/>certain jurisdictions, and the buyback is not made in any jurisdiction in which<br \/>this would be unlawful, require registration or other measures. <\/p>\n<p>Itera ASA does not assume any responsibility in the event there is a violation<br \/>by any person of such restrictions. Persons into whose possession this<br \/>announcement or such other information should come are required to inform<br \/>themselves about and to observe any such restrictions. The offer is not being<br \/>made directly or indirectly in, or by use of the mails of, or by any means or<br \/>instrumentality of interstate or foreign commerce of, or any facilities of a<br \/>national securities exchange of, the United States, its territories and<br \/>possessions, any State of the United States and the District of Columbia (the<br \/>&#8220;United States&#8221;). This includes, but is not limited to, facsimile transmission,<br \/>internet delivery, e-mail, telex and telephones. Accordingly, copies of this<br \/>release and any related documents are not being, and must not be, mailed,<br \/>e-mailed or otherwise distributed or sent in or into the United States and so<br \/>doing may invalidate any purported acceptance.<\/p>\n","protected":false},"excerpt":{"rendered":"This is a correction of dates in the notification issued at 07:30 CET thismorning (#12870806). The correct dates&hellip;\n","protected":false},"author":2,"featured_media":1850,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[19002,8798,24439,25398,157,156,2255],"class_list":{"0":"post-44678","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-oslo","8":"tag-insider","9":"tag-moicit","10":"tag-moicit20","11":"tag-moicit2030","12":"tag-norway","13":"tag-oslo","14":"tag-regulatory"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@dk\/116262053034910703","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/44678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/comments?post=44678"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/posts\/44678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media\/1850"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/media?parent=44678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/categories?post=44678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/dk\/wp-json\/wp\/v2\/tags?post=44678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}