Aker Solutions ASA: Mandatory notification of trade
17 September 2013 - On 16 September 2013, Aker Solutions ASA awarded a total of 300,849 own shares as bonus shares to qualified employees as part of the company's 2011 share purchase programme.
Under the 2011 share purchase programme, launched in January 2011, bonus shares would be awarded to participants who held on to shares purchased under the 2011 programme until 1 September 2013 and who remained continuously employed by a company within the Aker Solutions group throughout the same period.
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 is NOK 90.1572 and equals the volume-weighted average share price of Aker Solutions ASA shares on the Oslo Stock Exchange on Friday 13 September 2013.
Enclosed is the overview of bonus shares awarded to primary insiders.
Following the award of bonus shares, Aker Solutions ASA holds a total of 1,956,052 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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