Mandatory notification of trade

Report this content

On February 8, primary insiders in Atea ASA completed the following transactions. Robert Giori sold 83,400 shares and entered a contract to purchase 83,660 shares.

Robert Giori sold 83,400 shares at an average price of 140.15.  On the same day, he exercised 100,000 stock options in the company at an average strike price of NOK 92.00.  Following withholding of income taxes, he acquired 83,660 shares in the company through the exercise of options.  The shares will be transferred on February 9.

After the transactions, Robert Giori owns 126,587 shares together with close associates, and holds 325,000 options. 

Atea ASA will use 83,660 of its own shares to fulfill the company's obligations under its employee stock option agreements. Following the completion of this transaction, the company holds 524,907 of its own shares.