Selvaag Bolig ASA: Notifiable trades for primary insiders
The following primary insiders acquired a total of 696 495 Selvaag Bolig shares on 13 February.
The trades were in accord with the company's incentive programmes.
The shares had a purchace price of NOK 31 and NOK 35 per share respectively. The employees were given a compensation on the purchase price of 30 and 20 per cent respectively for the decrease in share value resulting from the lock-up periods.
The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 1 307 577 treasury shares.
Number of shares:
| Original holding | Share purchase programme | Share saving programme | New holding | |
| Baard Schumann, CEO | 480 937 | 294 404 | 1 786 | 777 127 |
| Sverre Molvik, CFO | 156 195 | 105 073 | 1 786 | 263 054 |
| Halvard Kverne, vice president portfolio management | 156 195 | 105 073 | 1 786 | 263 054 |
| Øystein Klungland, vice president portfolio management | 152 085 | 105 073 | 1 786 | 258 944 |
| Kristoffer Gregersen, vice president communications | 70 385 | 61 293 | 0 | 131 678 |
| Petter Cedell, vice president property investment | 16 087 | 18 434 | 0 | 34 521 |
Further information from
Sverre Molvik, CFO, Selvaag Bolig ASA
Telephone: +47 401 00 585, e-mail: smo@selvaagbolig.no
Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig represents a continuation of Selvaag's 70-year history and experience, and offers a broad variety of property types marketed under the brand names Start, Hjem and Pluss. The company is headquartered at Ullern in Oslo.