Enterprise News & Monetary News
July 9, 2019
The early history (1908 – 1960) – The history of oil exploration in Nigeria dates again to 1908 when Nigerian Bitumen Corporation conducted exploratory work within the country; nonetheless, the firm left the country on the onset of World War I. Thereafter, license was given to D’Arcy Exploration Company and Whitehall Petroleum. ABGSC has ahead contracts with companions buying a complete of 40,699,267 shares with settlement in 2017 – 2022. The shares had been offered at a mean price of NOK three.664 per share. The shares had been bought at a worth of NOK 2.seventy one per share. ABGSC owns 10,903,223 treasury shares following the transaction above. Per Flostrand bought four hundred,000 shares on a forward contract with settlement 1 June 2022.
The shares had been bought at a price of NOK 2.58 per share. ABGSC has ahead contracts with partners purchasing a total of 32,623,seven-hundred shares with settlement in 2018 – 2022. The company has ahead contracts with companions purchasing a total of 39,608,503 shares with settlement in 2017-2022. ABGSC hereby provide to buy back as much as an combination of thirteen,000,000 shares in ABGSC.
On the subject of our press launch of 3 March 2015 a accomplice purchased on 10 March 2017 ninety three,seven hundred ASC-shares from ABG Sundal Collier Holding ASA (“ABGSC”) as settlement of a forward contract that was previously enter into. The shares have been offered at a median value of NOK 3.2059 per share. The shares were offered at a mean value of NOK 2.6875 per share.
ABGSC owns 9,411,790 treasury shares following the transaction above. Tarjei Unneland bought eighty five,300 shares and owns 85,300 shares plus 500,000 shares on a forward contract following the transaction. Following the transaction Karl Berglund owns 425,000 shares plus 575,000 shares on forward contracts. ABGSC owns 17,688,026 treasury shares following the transactions above.
ABGSC bought the thirteen,000,000 ABGSC shares from the shareholders within the providing. Tarjei Unneland bought 350,000 shares on a ahead contract with settlement 1 June 2022. Just about our press releases of 3 March 2015 and eight March 2016 a resigned partner bought on 31 October 2016 one hundred and five,000 ASC-shares from ABG Sundal Collier Holding ASA (“ABGSC”) as settlement of forward contracts that had been previously enter into.