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Orkla ASA: Mandatory notification of trade - options

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On 14 May, in connection with Orkla`s former management option programme, 220,000 options in Orkla-shares were exercised.

110,000 options were exercised at a strike price of NOK 38.88 per share, 110,000 options were exercised at a strike price of NOK 39.86 per share.

The transaction comprises primary insider Paul Jordahl, Executive Vice President and CEO Orkla International. Jordahl exercised 60,000 options at a strike price of NOK 38.88 per share and 60,000 options at a strike price of NOK 39.86 per share. After this transaction, Jordahl and close associates own 9,345 shares and 70,000 options in Orkla. Orkla sold 114,000 treasury shares on Oslo Stock Exchange at a price of NOK 51.40 per share in connection herewith.

After this transaction, the total number of options issued in Orkla shares under the management option programme is now 11,391,000. Orkla owns 3,476,106 treasury shares.
 


Orkla ASA
Oslo, 15 May 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.

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