The Norwegian Competition Authority has today given a notice of an objection to
Eimskip’s acquisition of the Norwegian shipping and logistics company Nor Lines
AS. The notice reflects the Authority's preliminary conclusion, and Eimskip has
15 business days to present counterarguments. A final decision will be made by
the Authority after another 15 business days. Eimskip is evaluating next steps
with its legal advisors.
On 7 February, PANDORA initiated a share buy-back programme, cf. Company
announcement no. 350. The share buyback programme is executed in accordance
with Regulation (EU) No 596/2014 of the European Parliament and of the Council
of 16 April 2014 on market abuse (market abuse regulation).
The purpose of the programme is to reduce PANDORAs share capital and to meet
obligations arising from employee share option programmes.
Under the programme PANDORA will buy back shares for an amount up to D
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