Goodtech launches share buyback for employee incentive program

Goodtech ASA has engaged SB1 Markets AS to acquire up to 120,000 of its own shares. This buyback, authorized by the company's annual General Meeting on April 24, 2025, is intended to fund Goodtech's share-based incentive program for leading employees.

The offer will proceed via a reverse bookbuilding process, where SB1 Markets will gather sales orders from existing shareholders. The bookbuilding period begins immediately and is slated to conclude at 16:30 CET on November 13, 2025, though this timeframe is subject to change. The final purchase price, identical for all selling shareholders, will be determined by the company based on received sales orders.

Allocation of shares is anticipated on November 14, 2025, with settlement expected around November 18, 2025, through a delivery versus payment (DVP) transaction. If the number of sales orders at the final price surpasses the company's desired purchase volume, allocation will generally be made on a pro-rata basis. Goodtech retains the right to terminate or amend the offer at any time.