Aker ASA: Mandatory notification of trade As ful
Post# of 301275
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 291.39. This corresponds to the three-day average, volume-weighted price of Aker's share starting Monday 13 March 2016, 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 | CFO | 2 402 | 64 781* |
Arild Støren Frick | General Counsel | 1 414 | 6 414** |
Audun Stensvold | Investment Director | 944 | 8 631 |
Atle Kigen | Head of Communications | 517 | 8 617 |
Ove Taklo | Corporate Controller | 358 | 3 657 |
Per Kristian Reppe | Investment Manager and Investor Relations Director | 385 | 974 |
Marianne Stigset | Investor Relations Director | 166 | 1 083 |
Laila Hop | Paralegal | 25 | 227 |
* 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 26 349 own shares. END For further information, please contact: Media: Atle Kigen, Head of Communications Phone: +47 24 13 00 08 Mobile: +47 907 84 878 Investors: Per Kristian Reppe, Head of Investor Relations Phone: +47 24 13 00 67 Mobile: +47 900 33 203 This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.