Orkla ASA: Mandatory notification of trade - options

On 18 June, in connection with Orkla`s former management option programme, 50,000 options in Orkla-shares were exercised at a strike price of NOK 39.86 per share.

The transaction comprises primary insider Stig Ebert Nilssen, Executive Vice President and CEO Orkla Home & Personal. Nilssen exercised 50,000 options at a strike price of NOK 39.86 per share. After this transaction, Nilssen and close associates own 47,710 shares and 100,000 options in Orkla. Orkla sold 46,730 treasury shares on Oslo Stock Exchange at a price of NOK 53.48 per share in connection herewith.

After this transaction, the total number of options issued in Orkla shares under the management option programme is now 9,883,000. Orkla owns 1,968,106 treasury shares.
 


Orkla ASA
Oslo, 19 June 2014

Rune Helland, SVP Investor Relations
Tel.: +47 977 13 250

Ane Bryn-Haugland, Investor Relations
Tel.: +47 980 68 126

               

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

About Us

Orkla is a leading supplier of branded consumer goods to the consumer, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India. Branded Consumer Goods comprises Orkla Foods, Orkla Confectionery & Snacks, Orkla Care, Orkla Food Ingredients and Orkla Consumer Investments. In addition, Orkla Industrial & Financial Investments consists of Jotun (42.6%), Hydro Power, real estate and financial assets. In 2019, the Group had a turnover of NOK 43.6 bn and 18,350 employees.

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