Mandatory notification of trade in Saga Tankers ASA - share buyback
Reference is made to the Extraordinary General Meeting
of 11 February 2016 (see notice and minutes of same
day) where the general meeting unanimously authorized
the board of directors to purchase up to 28 673 611
(10% of outstanding shares) own shares in the period
until the annual general meeting in 2017.
Saga Tankers ASA has on 7 December purchased 636 360
own shares on the open market at NOK 2.60 per share.
After the transaction Saga Tankers ASA owns a total of
20 582 780 own shares, representing 7.2 % of the
outstanding share capital.