Mandatory notification of trade

 

 

Telio Holding ASA has 6 April 2011 sold 7,000 own shares at an average price of NOK 16.50  per share. The shares were sold as part of the company`s share option program. As part of the compensation scheme employees are offered options when they are employed by the company. The vesting (i.e.also exercise) date of the options granted depends on when the employee signed the employment contract. After this transaction, there are 547,068 outstanding options in the company with strike price from NOK 6.0 to NOK 39,00 (average NOK 14.84). 

After this transaction, Telio Holding ASA holds 309,001 own shares.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.

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