Trade subject to notification - Engeland

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The transactions concern primary insider, Executive Vice President Roar Engeland, Orkla ASA. Engeland bought 10,666 shares net, as he, at the same time, sold 6,000 shares at a price of NOK 229.72.   His new total holding in Orkla ASA is 23,768 shares and 113,334 options in Orkla shares and 80,000 synthetic options.
 
After exercise of options, Orkla's holding of Orkla shares is 6,326,345. A total of 1,740,743  options have currently been issued. Moreover, Orkla has an exposure through a cash-settled financial derivative of 450,000 underlying shares in the hedge position related to the remaining 430,500 synthetic options of the cash bonus programme.

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