Yara International ASA’s Recent Share Transactions
Today marks an important development for Yara International ASA as the company executed the purchase of 104,706 shares, trading under the ticker YAR. This transaction was achieved at an average price of NOK 335.60 per share. The acquired shares are intended for the benefit of members of Yara's Group Executive Board and senior executives involved in the company’s Share Based Remuneration (SBR) programs.
Understanding Share-Based Remuneration
Yara’s SBR program is designed to align the interests of its executives with those of its shareholders, encouraging long-term commitment to the company's performance. All shares obtained through this program are secured for three years post-purchase. In addition, it is anticipated that Group Executive Board members will refrain from selling their Yara shares while still in their executive roles.
Executive Transactions and Holdings
Several key Yara executives participated in the recent share purchases, which are deemed 'Persons Discharging Managerial Responsibilities' (PDMR) trades under the EU Market Abuse Regulation:
- Svein Tore Holsether, President and CEO, acquired 3,678 shares, bringing his share total to 64,143 shares.
- Thor Giæver, EVP & Chief Financial Officer, purchased 1,739 shares and now holds 15,817 shares.
- Mónica Andrés Enríquez, EVP Europe, bought 3,071 shares, increasing her total to 16,401 shares.
- Fernanda Lopes Larsen, EVP Africa & Asia, added 2,993 shares to reach a total of 16,908 shares.
- Chrystel Monthean, EVP Americas, purchased 3,455 shares, now owning 19,085 shares.
- Johan Labby, EVP Global Plants & Operational Excellence, acquired 1,806 shares, totaling 4,904 shares.
- Kristine Ryssdal, EVP & General Counsel, purchased 1,876 shares, leading to 22,218 shares overall.
- Solveig Hellebust, EVP People, Process & Digitalization, bought 1,847 shares for a total of 9,662 shares.
- Magnus Krogh Ankarstrand, EVP Corporate Development, added 2,089 shares, now holding 10,288 shares.
- Jorge Noval, EVP & CEO of Yara Industrial Solutions, purchased 2,753 shares, totaling 13,759 shares.
These transactions highlight the commitment of Yara’s leadership to both the company and its shareholders.
Yara’s Dedication to Sustainable Growth
As a global leader in crop nutrition, Yara's mission is to responsibly meet the world’s growing food needs while safeguarding the planet. The company focuses on sustainable growth, primarily through the reduction of emissions from fertilizer production and the development of low-emission energy solutions. This ambition aligns with Yara's goal to foster a nature-positive food future, creating value across the entire food supply chain.
From its inception in 1905, Yara has positioned itself uniquely within the agricultural sector as the only global crop nutrition company. With 18,000 dedicated employees and operations extending into over 60 countries, sustainability continues to be a core component of Yara's business model. In a recent reporting period, Yara achieved impressive revenues of USD 13.9 billion, reflecting its steady growth trajectory.
Contact Information
For further inquiries, reach out to:
Maria Gabrielsen
Head of Investor Relations
M: +47 920 900 93
E: maria.gabrielsen@yara.com
Frequently Asked Questions
What is the purpose of Yara's share purchases?
The purchases are designed to support the company's Share Based Remuneration programs, aligning executive interests with shareholders.
How long are the SBR shares locked in?
All shares obtained through the SBR programs are locked for a period of three years post-purchase.
What does PDMR stand for in this context?
PDMR stands for Persons Discharging Managerial Responsibilities, referring to key individuals with significant responsibilities in the company.
How many shares did Yara acquire in total?
Yara acquired a total of 104,706 shares in this recent transaction.
Who is the CEO of Yara International ASA?
Svein Tore Holsether is the President and CEO of Yara International ASA.
