Prosafe SE: Management incentive scheme - exercise of synthetic options
On 2 June 2009, the Board of Directors of Prosafe SE resolved to grant
management and key employees synthetic call options at a strike price of NOK
30.45 per share, corresponding to the average closing share price in the period
from 15 May until 22 May 2009. The options are capped at 100 per cent share
price return, adjusted for dividend payments.
Robin Laird, Managing Director of Prosafe Offshore Pte Ltd, has exercised
112,500 capped synthetic options at a closing price of 5 October 2012. Following
this transaction Mr. Laird has 60,000 synthetic options. Mr. Laird also owns
58,000 shares in Prosafe SE.
Prosafe is the world's leading owner and operator of semi-submersible
accommodation/service rigs. Operating profit reached USD 192.3 million in 2011.
The company operates globally, employs 550 people and is headquartered in
Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code
PRS. For more information, please refer to www.prosafe.com.
Larnaca, 8 October 2012
Georgina Georgiou, General Manager
For further information, please contact:
Sven Børre Larsen, Chief Financial Officer
Prosafe Management AS
Phone: +47 909 43 673
Cecilie Helland Ouff, Finance and IR Manager
Phone: +47 51 64 25 20
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.