Aker Solutions ASA: Sale of Own Shares for Employee Share Purchase Program
June 28, 2021 – Aker Solutions ASA ("Aker Solutions") has sold own shares in connection with the company’s employee share purchase program for 2021.
Under the program, employees of the company in Norway were entitled to purchase shares in Aker Solutions for an amount up to NOK 60,000. Shares were offered at a maximum discount of NOK 7,500 per participant for the entire 2021 program, the discount not to exceed 25 percent of the subscription amount. Shares are scheduled for allocation to participants in June, September and December 2021. A group of selected managers were offered to purchase shares of up to 20 percent of their annual base salary for allocation in June 2021, and with no discount being available. For further details of the program, reference is made to the stock exchange announcement made on May 27, 2021.
Aker Solutions has today sold a total of 1,504,097 shares to program participants for the June 2021 allocation. The shares were sold at a price per share, excluding any applicable discount, of NOK 16.0742. This equals the volume-weighted average price of the Aker Solutions share on Euronext Oslo Børs over the period from and including June 21, 2021 to and including June 25, 2021.
Following these transactions, Aker Solutions has a holding of 2,832,209 own shares. This does not include shares purchased by DNB in the period June 23, 2021 to June 30, 2021, under the mandate announced on May 27, 2021. These purchases and the new holding will be announced on June 30, 2021.
ENDS
Media Contact:
Torbjørn Andersen, mob: +47 928 85 542, email: torbjorn.andersen@akersolutions.com
Investor Contact:
Fredrik Berge, mob: +47 450 32 090, email: fredrik.berge@akersolutions.com
Aker Solutions delivers integrated solutions, products and services to the global energy industry. We enable low-carbon oil and gas production and develop renewable solutions to meet future energy needs. By combining innovative digital solutions and predictable project execution we accelerate the transition to sustainable energy production. Aker Solutions employs approximately 14,000 people in more than 20 countries.
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This press release may include forward-looking information or statements and is subject to our disclaimer, see https://akersolutions.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.