Orkla ASA: Mandatory notification of trade - options

On 6 June, in connection with Orkla`s former management option programme, 185,000 options in Orkla-shares were exercised.

40,000 options were exercised at a strike price of NOK 38.88 per share, 145,000 options were exercised at a strike price of NOK 39.86 per share.

The transaction comprises primary insider Atle Vidar Nagel-Johansen, Executive Vice President and CEO Orkla Foods. Nagel-Johansen exercised 60,000 options at a strike price of NOK 39.86 per share. After this transaction, Nagel-Johansen and close associates own 11,145 shares and 130,000 options in Orkla. Orkla sold 56,200 treasury shares on Oslo Stock Exchange at a price of NOK 53.81 per share in connection herewith.

After this transaction, the total number of options issued in Orkla shares under the management option programme is now 10,258,000. Orkla owns 2,346,906 treasury shares.
 


Orkla ASA
Oslo, 10 June 2014

Rune Helland, SVP Investor Relations
Tel.: +47 977 13 250

Ane Bryn-Haugland, Investor Relations
Tel.: +47 980 68 126

               

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