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Scatec Solar sells 50,904 shares to employees

Scatec Solar sells 50,904 shares to employees


Nordea Markets has today, on behalf of Scatec Solar ASA, sold 50,904 shares to employees participating in the Company’s Share Purchase Programme. Following the transaction, Scatec Solar ASA holds no own shares. The price was based on the average volume weighted share price on Oslo stock exchange over the five days period from 18 March to 22 March 2019, resulting in a price per share of NOK 86.93.

76% of the employees in Scatec Solar ASA participated in the Company’s first Share Purchase Programme. Attached is an overview of the primary insiders’ share purchases in connection with the programme.

About Scatec Solar
Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SSO’. To learn more, visit www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act


Source: globenewswire
Anand Gupta Editor - EQ Int'l Media Network


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