Mandatory notification of trade – granting of stock options to primary insiders

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As part of Orkla’s Long Term Incentive Program set out in Orkla’s executive remuneration guidelines options have today, 2 June 2021, been granted to the following primary insiders:

  • Jaan Ivar Semlitsch, President & CEO                                  180,718 options
  • Harald Ullevoldsæter, EVP CFO                                              70,509 options
  • Christer Grönberg, EVP Group Functions                                70,389 options
  • Atle Vidar Nagel-Johansen, EVP Orkla Foods                        89,416 options
  • Hege Holter Brekke, EVP Orkla Care                                      66,793 options
  • Ingvill T. Berg, EVP OCS                                                         64,139 options
  • Johan Clarin, EVP OFI                                                             77,736 options
  • Kenneth Haavet, EVP OC&FI                                                  66,570 options
  • Sverre Prytz, EVP M&A and Strategy                                      66,570 options
  • Håkon Mageli, EVP Corp Affairs & Comm.                             46,840 options

Each share option gives the right to purchase one share in Orkla ASA. The strike price of the options was set to NOK 82.06 per share based on the closing price on 16 April 2021 plus 3% p.a. in the vesting period and adjusted for dividend paid until exercise. The options will lapse if not exercised by 16 April 2026. For members of the Group Executive Board, the options may only be exercised after three years (16 April 2024), and for others the options are divided into three tranches whereby 20% vests in year one, 20% in year two and 60% in year three, with the first tranche vesting 16 April 2022. For further information, see attachment available at

Orkla ASA

Oslo, 2 June 2021



SVP Investor Relations

Kari Lindtvedt

Tel.: +47 950 75 114


This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act