SpareBank 1 Helgeland announces share buyback for employee programs

SpareBank 1 Helgeland has engaged Norne Securities to facilitate a buyback of up to 30,000 of its equity certificates. These certificates are intended for the bank's potential gift and savings programs for employees. The buyback aligns with board resolutions and an authorization registered in 2025.

The offer will be conducted as a reverse book-building process, with Norne Securities collecting sell orders from existing equity certificate holders. The acceptance period commenced immediately and is expected to conclude on November 5, 2025, at 16:00. Pricing and allocation are anticipated by November 5, 2025, with settlement by November 7, 2025.

The final purchase price will be uniform for all selling holders, determined by the bank based on received sell orders. If the total volume of sell orders exceeds 30,000 certificates, allocation will be made pro-rata. The board and the Financial Supervisory Authority have granted the necessary approvals.