SpareBank 1 Ringerike Hadeland launches equity certificate buyback for employee program

SpareBank 1 Ringerike Hadeland has engaged SB1 Markets AS to facilitate the potential buyback of up to 5,100 of its own equity certificates. These certificates are intended for distribution to employees as part of the bank's savings program. The buyback will be executed as a reverse bookbuilding process. The bank currently holds 161 certificates.

The acceptance period for the offer commenced immediately and is expected to conclude on November 7, 2025, at 16:00, though this period may be adjusted. The final purchase price per equity certificate will be determined by the bank based on received sale orders.

Should total received sale orders exceed the bank's acquisition target, a pro-rata allocation will be implemented. Sale orders, once received, are binding and irrevocable. Pricing is expected immediately after the acceptance period ends, with allocation on November 7, 2025, and settlement around November 11, 2025. This buyback is authorized by a mandate from the bank's ordinary representative meeting on March 27, 2025.