Aker Solutions ASA: Mandatory notification of trade
28 October 2013 - Aker Solutions ASA on 25 October 2013 completed a minor additional award of bonus shares under the company's 2011 share purchase programme. The adjustment concerned an award of in total 345 own shares as bonus shares to qualified employees who were not covered by the main award in September 2013.
The award of bonus shares is free of charge; however the value of the bonus shares is taxable as personal income for each recipient. The value of each bonus share under the additional award equals the volume-weighted average share price of Aker Solutions ASA shares on the Oslo Stock Exchange on Thursday 24 October 2013.
For further information on the award of bonus shares under the company's 2011 share purchase programme, please see the stock exchange announcement of 17 September 2013.
Following the additional award of bonus shares, Aker Solutions ASA holds a total of 1,955,707 own shares.
ENDS
For further information, please contact:
Investor relations:
Kate Tonkin, Senior Consultant Investor Relations, Aker Solutions. Tel: +47 22 94 61 68, Mob: +47 454 19 456, E-mail: kate.tonkin@akersolutions.com
Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani@akersolutions.com
Career opportunities:
Visit http://www.akersolutions.com/careers
Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 28 000 people in more than 30 countries. We apply the knowledge and create and use technologies that deliver our customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2012 Aker Solutions had aggregated annual revenues of approximately NOK 45 billion. The company is listed on the Oslo Stock Exchange.
This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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