Veidekke ASA: Mandatory notification of trade - Shares to senior executives 2016
1,007 senior executives in Veidekke have received offers to purchase between 50 and 2,000 Veidekke shares each. The senior executives could choose between two alternatives: Option A with 20 % discount and partial financing (1,000 - 2,000 shares) and option B with 30 % discount and no financing (50 - 2,000 shares).
588 senior executives subscribed for a total of 821,717 shares during the subscription period from 11 to 20 May.
The offer prices were NOK 84.48 (option A) and NOK 73.92 (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 Heidi Hvidsten, tel. +47 91 54 04 65, heidi.hvidsten@veidekke.no
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.