On 30 October, in connection with Orkla's former management option programme, 145,000 options in Orkla-shares were exercised. 115,000 options were exercised at a strike price of NOK 36.38 per share, and 30,000 options were exercised at a strike price of NOK 42.53 per share.
The transactions comprise primary insider Ann-Beth Freuchen, Executive Vice President and CEO of Orkla Confectionery & Snacks. Freuchen exercised 40,000 options at a strike price of NOK 36.38 per share, of which 40,000 shares were sold at a price of NOK 71.71 per share. After this transaction, Freuchen and close associates own 7,200 shares and 40,000 options in Orkla.
After this transaction, the total number of options issued in Orkla shares under the management option programme is 2,927,000. Orkla owns 2,086,903 treasury shares.
Oslo, 2 November 2015
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