Aker ASA: Mandatory notification of trade
As fulfillment of existing rights under the bonus program for employees in Aker ASA ("Aker"), the following primary insiders have received bonus shares. The shares have a lock-in period of three years. Upon allocation, the value of the shares was set to NOK 357.80. This corresponds to the three-day average, volume-weighted price of Aker's share starting Monday 12 March 2018, to which a 20 per cent discount was applied.
The bonus shares were distributed as follows:
| Employee | Role | No. of bonus shares | No. of shares following allocation |
| Frank O. Reite | Chief Financial Officer | 2 015 | 66 796* |
| Arild Støren Frick | General Counsel | 1 186 | 7 600** |
| Audun Stensvold | Investment Director | 1 008 | 9 639 |
| Atle Kigen | Head of Communications | 434 | 9 051 |
| Ove Andre Taklo | Corporate Controller | 423 | 4 080 |
| Per Kristian Reppe | Investment Manager & Head of Investor Relations | 361 | 1 335 |
| Laila Hop | Paralegal | 21 | 248 |
* Owned through Fausken Invest AS.
** Owned through Elichapet AS.
The allocated bonus shares are drawn from the Company's holdings of own shares. Following the allocation, the Company will hold a total of 15 733 own shares.
END
For further information, please contact:
Investors:
Per Kristian Reppe, Investment Manager & Head of Investor Relations
Phone: +47 24 13 00 67
Mobile: +47 900 33 203
Media:
Atle Kigen, Head of Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.