Aker ASA: Mandatory Notification of Trade

Aker ASA: Mandatory Notification of Trade

PR Newswire

OSLO, Norway, March 19, 2020

OSLO, Norway, March 19, 2020 /PRNewswire/ -- As fulfillment of existing rights under the 2019 bonus program for employees in Aker ASA ("Aker"), the following primary insiders have received bonus shares. The shares are received as part of Aker's achieved financial performance in 2019.

The shares have a lock-in period of three years. Upon allocation, the value of the shares was set to NOK 167.70 This corresponds to the three-day average, volume- weighted price of Aker's share starting Monday 16 March 2020, to which a 20 per cent discount was applied. 

The bonus shares were distributed as follows:

The allocated bonus shares are drawn from the Company's holdings of own shares. Following the allocation, the Company will hold a total of 59,101 own shares.

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

This information was brought to you by Cision http://news.cision.com



For further information, please contact:
Torbjørn Kjus, Chief Economist & Head of Investor Relations
Phone: +47 94 14 77 30

Atle Kigen, Head of Corporate Communications
Phone: +47 90 78 48 78

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