Bergen, Norway, September 10, 2009 Vizrt Ltd. (Oslo Main List, Frankfurt Prime Standard: VIZ)
Chairman of the board of Vizrt Ltd., Svein Ove Strømmen, has, after the closing of the stock exchange on September 10th, sold 75.000 shares in Vizrt at NOK 18.20 per share.
At the same time he has entered into a forward contract to acquire a total of 75.000 shares in Vizrt with delivery of the shares on December 10th, 2009 with a closing forward contract price of NOK 18.4756 per Vizrt share.
Following this transaction, the total number of shares and options, owned and controlled, directly and indirectly by Svein Ove Strømmen, remains unchanged at 2,532,795 shares and 22,500 options, respectively,."
At the same time, Bjarne Berg, CEO of Vizrt Ltd., has sold 100.000 shares in Vizrt at NOK 18.20 per share, and entered into a forward contract to acquire a total of 100.000 shares in Vizrt with delivery of the shares on December 10th, 2009 with a closing forward contract price of NOK 18.4756 per Vizrt share.
Following this transaction, the total number of shares and options, owned and controlled, directly by Bjarne Berg, and indirectly through Montanus Holding AS, remains unchanged at 1,957,476 shares and 22,500 options, respectively."
Vizrt creates leading-edge content production tools for the digital media industry - from award-winning 3D graphics & maps through integrated video workflow solutions and online publishing tools.
We propose a new vision for content creation, management and delivery with an end-to-end solution from conception to multi-format distribution. Through constant innovation and a good measure of fun, we create software and services that push creative boundaries and develop new ways of telling stories.
Vizrt's product suite is used by the world's leading broadcasters and publishing houses, including: CNN, CBS, Fox, BBC, Sky, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, NHK, The Globe and Mail, The Telegraph, and Welt Online. Furthermore, many world-class production houses and corporate institutions, including both the New York and London Stock Exchanges, utilize Vizrt solutions.
Vizrt is a public company traded on the Oslo Main List and on the Frankfurt Prime Standard: VIZ, ISIN: IL0010838154.