Kværner ASA: Shareholdings 22 May 2017
22 May 2017 - Kvaerner has awarded the following primary insiders shares 22 May 2017:
| Name | Name | No. of shares | No. of shares following allocation |
| Henrik Inadomi | SVP Corporate Support | 108 553 | 113 534 |
| Elly Bjerknes | EVP Process Solutions | 45 734 | 45 734 |
| Ingrid Aarsnes | VP IR & Communications | 38 424 | 54 685 |
| Arnt Knudsen | SVP Business Development | 64 497 | 88 691 |
| Hans Petter Mølmen | EVP Concrete & New Solutions | 46 184 | 57 800 |
| Steinar Røgenes | Steinar Røgenes | 61 706 | 75 706 |
ENDS
For further information, please contact:
Investor inquiries:
Ingrid Aarsnes, VP Investor Relations & Communications, Kvaerner, Mob: +47 950 38 364, email: ir@kvaerner.com
Media inquiries:
Torbjørn Andersen, Head of Communications, Kvaerner, Mob: +47 928 85 542, email: torbjorn.andersen@kvaerner.com
About Kvaerner:
Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore plants for upstream oil and gas production around the world. Kvaerner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor and preferred partner for oil and gas operators and other engineering and fabrication contractors. Kvaerner and its approximately 2 600 HSSE-focused and experienced employees are recognised for delivering some of the world's most amazing and demanding projects.
In 2016, the Kvaerner group had consolidated annual revenues of close to NOK 8 billion and the company reported an order backlog at 31 March 2017 of NOK 10.8 billion. Kvaerner is publicly listed with the ticker "KVAER" at the Oslo Stock Exchange. For further information, please visit www.kvaerner.com.
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