Orkla ASA: Mandatory notification of trade - options
On 17 June, in connection with Orkla`s former management option programme, 70,000 options in Orkla-shares were exercised at a strike price of NOK 45.03 per share.
The transaction comprises primary insider Pål Eikeland, Executive Vice President and CEO Orkla Food Ingredients. Eikeland exercised 70,000 options at a strike price of NOK 45.03 per share. After this transaction, Eikeland and close associates own 21,500 shares in Orkla. Orkla sold 67,336 treasury shares on Oslo Stock Exchange at a price of NOK 53.05 per share in connection herewith.
After this transaction, the total number of options issued in Orkla shares under the management option programme is now 9,933,000. Orkla owns 2,018,106 treasury shares.
Orkla ASA
Oslo, 18 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.