Aker ASA: Mandatory notification of trade

3/19/2018, 12:39 PM (Source: GlobeNewswire)
As fulfillment of existing rights under the bonus program for employees in Aker ASA ("Aker"), the following primary insiders have received bonus shares. The shares have a lock-in period of three years. Upon allocation, the value of the shares was set to NOK 357.80. This corresponds to the three-day average, volume-weighted price of Aker's share starting Monday 12 March 2018, to which a 20 per cent discount was applied.
 
The bonus shares were distributed as follows:
 
Employee Role No. of bonus shares
 
No. of shares following allocation
Frank O. Reite Chief Financial Officer 2 015 66 796*
Arild Støren Frick General Counsel 1 186 7 600**
Audun Stensvold Investment Director 1 008 9 639
Atle Kigen Head of Communications 434 9 051
Ove Andre Taklo Corporate Controller 423 4 080
Per Kristian Reppe Investment Manager & Head of Investor Relations 361 1 335
Laila Hop Paralegal 21 248
 
* Owned through Fausken Invest AS.
** Owned through Elichapet AS.

The allocated bonus shares are drawn from the Company's holdings of own shares. Following the allocation, the Company will hold a total of 15 733 own shares.
 
END
 
For further information, please contact:
 
Investors:
Per Kristian Reppe, Investment Manager & Head of Investor Relations
Phone: +47 24 13 00 67
Mobile: +47 900 33 203 
 
Media:
Atle Kigen, Head of Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 
 



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aker ASA via Globenewswire

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