On 12 May, in connection with Orkla`s former management option programme, 411,000 options in Orkla-shares were exercised.
45,000 options were exercised at a strike price of NOK 38.88 per share, 80,000 options were exercised at a strike price of NOK 39.86 per share, 271,000 options were exercised at a strike price of NOK 41.16 per share and 15,000 options were exercised at NOK 45.03 per share.
The transaction comprises primary insider Terje Andersen, Executive Vice President, Chief Financial Officer (CFO), CEO and head of Orkla Investments. Andersen exercised 271,000 options at a strike price of NOK 41.16 per share. After this transaction, Andersen and close associates own 54,640 shares and 40,000 options in Orkla.
Oslo, 13 May 2014
Rune Helland, SVP Investor Relations
Tel.: +47 977 13 250
Ane Bryn-Haugland, Investor Relations
Tel.: +47 980 68 126