Veidekke ASA: Mandatory notification of trade - Shares to senior executives 2014

835 senior executives in Veidekke have received offers to purchase between 50 and 3,500 Veidekke shares each. The senior executives could choose between three alternatives: Option A with 20 % discount and partial financing (1,500 - 3,500 shares), option B with 30 % discount and no financing (1,500 - 3,500 shares) and option C with 20 % discount and no financing (50 - 1,500 shares).

384 senior executives subscribed for a total of 916,504 shares during the subscription period from 8 to 15 May. However, in option A, there was an oversubscription. After a reduction, the employees were permitted to purchase between 1,500 and 2,900 shares each in option A. Options B and C had no oversubscription. After the reduction a total of 863,354 shares were allocated.

The offer prices were NOK 52.19 (options A and C) and NOK 45.67 (option B) after the 20 % / 30 % discount on the market price during the subscription period. The lock-in period for the shares is 3 years.

The purchases of primary insiders, as well as new holdings, are attached to this report.

Contact persons:
Communication Manager, Helge Dieset tel. +47 90 55 33 22, helge.dieset@veidekke.no
Finance Manager Marte Hoggen Bolsø, tel. +47 93 63 25 77, marte.hoggen.bolso@veidekke.no

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.