Archer Limited : Mandatory notification of trade
On August15th, 2014, Mr. Tor Olav Trøim, Vice Chairman, Director and primary insider of Archer Limited, purchased 400.000 shares at an average price of NOK 9,6161 per share in Archer Limited.
After this transaction, Mr. Trøim holds directly and indirectly 833.000 shares, 50.000 stock options and a TRS agreement with exposure to 1.000.000 underlying shares in Archer Limited.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.