Purchase of own shares
At the Annual General Meeting of April 24, 2008, the Board of Directors was authorised to purchase the company’s own shares. This authority is given in accordance with Section 9–4 of the Norwegian Public Limited Companies Act, and it grants the Board of Directors authority to allow Atea ASA and/or its subsidiaries to buy shares in Atea ASA for a maximum par value of MNOK 70 at prices of between NOK 10 and NOK 200. The Board of Directors is free to elect the methods to be used for the acquisition and sale of the company’s own shares. This authority is valid until the Annual General Meeting in 2009 and will expire no later than June 30, 2009. After the acquisition, Atea ASA now holds 3 788 235 of its own shares, which corresponds to 3.97% of the total number of shares issued.
Free negotiability
The shares are freely negotiable. The Articles of Association do not contain any trading restrictions.