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The early historical past (1908 – 1960) – The historical past of oil exploration in Nigeria dates back to 1908 when Nigerian Bitumen Company conducted exploratory work in the country; however, the agency left the country on the onset of World Warfare I. Thereafter, license was given to D’Arcy Exploration Company and Whitehall Petroleum. The previously agreed worth of NOK 4.41 per share has been adjusted for dividends, curiosity changes and earlier settlement of the forward contract. ABGSC owns 3,576,790 treasury shares following the transaction above. ABGSC owns 10,291,298 treasury shares following the transaction above. ABG Sundal Collier Holding ASA (“ABGSC”) on 10 November 2016 bought 250,000 ASC-shares to a accomplice on a forward contract with settlement 1 June 2019 at NOK 4.40 per share.

Hans yvind Haukeli has bought 340,000 shares at NOK 2.09 per share as settlement of a forward contract beforehand entered into. Following the transaction Mark Gretton owns 1,018,137 shares. ABGSC has ahead contracts with companions purchasing a total of 29,342,967 shares with settlement in 2017 – 2019. Per Flostrand has by a a hundred% owned firm purchased seven hundred,000 shares at a median price of NOK 1.6229 per share as settlement of two ahead contracts beforehand entered into.

ABGSC owns 10,703,223 treasury shares. ABGSC hopes this will likely be enticing particularly to ABGSC’s many small shareholders. Per-Ove Breivold has by means of a 100% owned firm bought a hundred,000 shares at NOK 2.09 per share as settlement of a forward contract beforehand entered into. The value supplied is NOK 5.60 per share in cash. ABGSC has forward contracts with partners buying a total of forty,792,967 shares with settlement in 2017 – 2022.

Just about our press releases of 5 March 2008, 10 March 2010, 9 March 2011, 5 March 2014 and three March 2015 a partner bought on 19 September 2016 1,473,four hundred ASC-shares from ABG Sundal Collier Holding ASA (“ABGSC”) as settlement of forward contracts that were previously enter into. As well as and with regards to our press releases of 24 September 2014 and three March 2015 two resigned partners bought on three October 2016 850,000 ASC- shares from ABGSC as settlement of ahead contracts that had been beforehand enter into.

Close to our press release of 3 March 2015 a companion bought on 22 December 2016 forty,000 ASC-shares from ABG Sundal Collier Holding ASA ( “ABGSC”) as settlement of a forward contract that was previously entered into. Per Flostrand sold on 15 Might 2017 to his one hundred% owned company Fairway Drive AS a ahead contract on four hundred,000 ASC-shares with settlement 1 June 2017 at a settlement worth of NOK 2.09 per share and a forward contract on 300,000 ASC-shares with settlement 1 June 2017 at a settlement price of NOK 1.00 per share.