Vår Energi ASA: Shares allocated to primary insiders as part of the long-term incentive program
Sandnes, Norway, 10 August 2023: As part of Vår Energi ASA’s (OSE: VAR) long-term incentive (LTI) program for executive management, a total number of 207 708 shares at an average price of 31 NOK per share have been allocated. Under the program, the executive management can be awarded between 12.5-37.5% of their base salary in restricted shares. The CEO can be awarded between 15-45% of his base salary. The restricted shares have a vesting period of three years. Details on individual allocation of shares to primary insiders is included in the attached notification of trading. About Vår