Orkla ASA: Mandatory notification of trade - options

On 15 February, in connection with Orkla's former management option programme, 80,000 options in Orkla-shares were exercised. 15,000 options were exercised at a strike price of NOK 42.53 per share and 65,000 options were exercised at a strike price of NOK 36.38 per share.

The transactions comprise primary insider Håkon Mageli, Group Director, Corporate Communications and Corporate Affairs. Mageli exercised 50,000 options at a strike price of NOK 36.38 per share, of which 50,000 shares were sold at a price of NOK 70.10 per share. After this transaction, Mageli and close associates own 76,001 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 2,567,000. Orkla owns 1,726,738 treasury shares.

Orkla ASA
Oslo, 16 February 2016

 

Ref.:

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

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)