DNB - Acquisition of shares by primary insiders
5/2/2012 3:35 PM EST
Today, 2 May 2012, a total of 488,259 shares in DNB ASA were acquired on
behalf of certain leading employees and risk takers. The purchase was
executed collectively at an average price per share of NOK
61.9962.
The shares were acquired in accordance with the regulation
on remuneration in financial institutions, which states that at least
half of variable remuneration shall be awarded as shares and be subject
to certain lock-up mechanisms.
The employees have been given a
compensation for decreased share value resulting from the lock-up at
approximately 6.9%.
The following primary insiders of DNB ASA have
increased their shareholding:
Name Position in DNB
No. of New holding
shares
purchased
Rune
Group chief executive officer 6,952 30,338
Bjerke
Bjørn
Erik Chief financial officer 5,162
33,529
Næss
Trond Group executive vice president 3,747
8,629
Bentestuen Marketing, Communications and e
-Business
Ottar Group executive vice president 12,434
161,395
Ertzeid Markets
Liv Group executive vice president
3,578 12,233
Fiksdal Operations
Solveig Group executive
vice president HR 3,416 7,129
Hellebust
Cathrine Group
executive vice president IT 3,536 20,055
Klouman
Kari Olrud
Group executive vice president 3,043 12,135
Moen
Corporate Centre
Karin Bing Group executive vice president
3,656 11,496
Orgland Retail Banking
Tom Rathke Group
executive vice president 4,300 18,663
Insurance
and Asset Management
Leif Group executive vice president
5,040 53,276
Teksum Large Corporates and
International
Halfdan Executive Vice President Accounting 1,118
2,460
Bakøy
Geir Executive Vice President Corporate 1,285
2,382
Oddvar Center
Bergvoll
This information is subject of
the disclosure requirements pursuant to section 5-12 of the Norwegian
Securities Tra