Kværner ASA: Mandatory notification of trade primary insiders
2 May 2018 - Under Kvaerner's variable pay programme for executives for 2017, 50 percent of the earnings is deferred for three years and paid-out along with a restricted share programme element provided the executive is employed by the company at the time of payment. The share programme element for the variable pay programme 2017 is calculated by the volume weighted share price on 30 April 2018, which was NOK 16.65. The shares will be bought by Kvaerner in 2018 and allocated to the executives three years later. Reference is made to the Board of Directors' statement of executive remuneration