Orkla ASA: Mandatory notification of trade options
On 6 February, in connection with Orkla`s former management option programme, 330,000 options in Orkla-shares were exercised.
120,000 options were exercised at a strike price of NOK 38.88 per share, 140,000 options were exercised at a strike price of NOK 39.86 per share, and 70,000 options were exercised at a strike price of NOK 45.03 per share.
The transaction comprises primary insider Håkon Mageli, Group Director, Corporate Communications and Corporate Affairs. Mageli exercised 50,000 options at a strike price of NOK 39.86 per share which were sold at a price of NOK 58.5228 per share. After this transaction, Mageli and close associates own 75,425 shares and 100,000 options in Orkla.
After this transaction, the total number of options issued in Orkla shares under the management option programme is now 6,498,000. Orkla owns 1,237,903 treasury shares.
Orkla ASA
Oslo, 9 February 2015
Ref.:
Orkla ASA
Senior Vice President Investor Relations
Rune Helland
Tel.: +47 977 13 250
Investor Relations
Ane Bryn-Haugland
Tel.: +47 980 68 126
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)