Share-based incentive scheme - Mandatory notification of trade

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

Norway Royal Salmon ASA (NRS) has today sold 64.103 own shares at a price of NOK 202.04 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 6 to March 19, 2020. The average price is NOK 202.04 per share.

 

Shares in the company have been transferred to the following primary insiders on March 20, 2020:

  • Charles Høstlund received through related parties 13,577 shares
  • Ola Loe received through related parties 10,297 shares
  • Klaus Hatlebrekke received through related parties 8,504 shares
  • Arve Olav Lervåg received 7,680 shares
  • Per Magne Bølgen received 3,152 shares
  • Ingrid Rønning received 1,159 shares
  • Jan Pål Johannesen received 1,178 shares

 

The primary insiders listed below have on March 20, 2020 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 6.788 aksjer
  • Ola Loe sold through related parties 5.148 shares
  • Klaus Hatlebrekke sold through related parties 4.252 shares
  • Arve Olav Lervåg sold 3.840 shares
  • Per Magne Bølgen sold 1.576 shares
  • Ingrid Rønning sold 579 shares
  • Jan Pål Johannesen sold 589 shares

 

Norway Royal Salmon ASA (NRS) total repurchase of own shares is 31,626 at a price of NOK 202.04 per share to cover the stock option holder's taxable amounts.

 

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

  • Charles Høstlund holds through related parties 179,626 shares
  • Ola Loe holds through related parties 234,844 shares
  • Klaus Hatlebrekke holds through related parties 146,942 shares
  • Arve Olav Lervåg holds 4,534 shares
  • Per Magne Bølgen holds 2,728 shares
  • Ingrid Rønning holds 5,196 shares
  • Jan Pål Johannesen holds 699 shares

 

After these transactions, NRS holds 108,334 treasury shares and has contractual rights to 994,609 own shares, constituting 2.53 percent of the issued share capital.

 

For more information, please contact:

CEO Charles Høstlund, +47 9941 8449

CFO Ola Loe, +47 9117 9411

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