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Orkla ASA: Mandatory notification of trade - options

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On 9 May, in connection with Orkla's former management option programme, 215,000 options in Orkla-shares were exercised at a strike price of NOK 37.43 per share.

 

The transactions comprise primary insiders Ann-Beth Freuchen, Executive Vice President and CEO of Orkla Confectionery & Snacks, Christer Grönberg, Group Director HR, and Fridthjof Røer, Chief Internal Auditor.

 

Freuchen exercised 40,000 options at a strike price of NOK 37,43 per share, and sold them at a price of NOK 80.50 per share. After this transaction, Freuchen and close associates own 7,776 shares and no options in Orkla.

 

Grönberg exercised 40,000 options at a strike price of NOK 37.43 per share, and sold them at a price of NOK 80.50 per share. After this transaction, Grönberg and close associates own 6,401 shares and no options in Orkla.

 

Røer exercised 30,000 options at a strike price of NOK 37.43 per share, and sold them at a price of NOK 80.50 per share. After this transaction, Røer and close associates own 24,244 shares and no options in Orkla.
After this transaction, there are no more options issued from the former management option programme. Orkla owns 1,758,135 treasury shares.

Orkla ASA
Oslo, 9 May 2017

Ref.:

Investor Relations
Elise Heidenreich
Tel.: +47 951 41 147

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