Norway Royal Salmon (NRS): Share-based incentive scheme - Mandatory notification of trade

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Payment related to the Group's share option program for senior management and key personnel.

Norway Royal Salmon ASA (NRS) has today sold 6,484 own shares at a price of NOK 214.79 per share in connection with the management and key personnel's stock option scheme.

The participants in the share option program have an obligation to buy NRS shares for the calculated bonus amount, at the volume weighted average price for the share in the period from March 8 to March 19, 2021. The average price is NOK 214.79 per share.

Shares in the company have been transferred to the following primary insiders on March 22, 2021:

  • Charles Høstlund received through related parties 1,369 shares
  • Ola Loe received through related parties 1,038 shares
  • Klaus Hatlebrekke received through related parties 857 shares
  • Tore Evjen received 730 shares
  • Arve Olav Lervåg received 774 shares

The primary insiders listed below have on March 22, 2021 sold the following number of shares back to NRS to cover the taxable amount for the reception of the above shares:

  • Charles Høstlund sold through related parties 684 shares
  • Ola Loe sold through related parties 519 shares
  • Klaus Hatlebrekke sold through related parties 428 shares
  • Tore Evjen sold 365 shares
  • Arve Olav Lervåg sold 387 shares

Norway Royal Salmon ASA (NRS) total repurchase of own shares is 3,196 at a price of NOK 214.79 per share to cover the stock option holder's taxable amounts.

After these transactions, the primary insiders have the following stock holdings:

  • Charles Høstlund owns and holds through related parties 182,206 shares
  • Ola Loe holds owns and holds through related parties 237,839 shares
  • Klaus Hatlebrekke holds through related parties 148,921 shares
  • Tore Evjen holds 913 shares
  • Arve Olav Lervåg holds 1,938 shares

After these transactions, NRS holds 650,171 treasury shares, constituting 1.49 percent of the issued share capital.

For more information, please contact:

CEO Charles Høstlund, +47 9941 8449

CFO Ola Loe, +47 9117 9411