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Aker ASA: Mandatory notification of trade As ful

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Post# of 301275
(Total Views: 74)
Posted On: 03/17/2017 5:00:17 AM
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Posted By: News Desk 2018
Aker ASA: Mandatory notification of trade

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.



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