On 19 February, in connection with Orkla's former management option programme, 100,000 options in Orkla-shares were exercised at a strike price of NOK 36.38 per share.
The transactions comprise primary insider Karl Otto Tveter, Chief of Group Functions and Group Director Legal Affairs. Tveter exercised 50,000 options at a strike price of NOK 36.38 per share, of which 46,000 shares were sold at a price of NOK 70.65 per share. After this transaction, Tveter and close associates own 44,668 shares and 50,000 options in Orkla.
After this transaction, the total number of options issued in Orkla shares under the management option programme is 2,337,000. Orkla owns 1,496,738 treasury shares.
Oslo, 22 February 2016
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