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Pronova BioPharma ASA (OSL:PRON) Pronova BioPharma ASA (OSE: PRON.OL) ("Pronova BioPharma" or the "company") has on 12 November 2008 purchased 50 000 of its own shares in the market at a price of NOK 20,92 per share and intends to purchase an additional 91 000 shares in the market. After this transaction, the company holds 109 000 shares. Pronova BioPharma ASA has entered into an agreement to sell 200 000 of the company's shares to Per-Oluf Olsen, who will take over as CEO of the company after Tomas Settevik. This sale will be effected once Per-Oluf Olsen has assumed the position of CEO. Following the completion of these transactions, Pronova BioPharma ASA will not hold any of its own shares.
For further information, please contact:
Hilde Steineger, Head of IR +47 48 00 42 40
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
