On 28 September, in connection with Orkla's former management option programme, 50,000 options in Orkla-shares were exercised at a strike price of NOK 40.03 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 40.03 per share, of which 48,000 shares were sold at a price of NOK 82.2245 per share. After this transaction, Tveter and close associates own 46,668 shares and no options in Orkla.
After this transaction, the total number of options issued in Orkla shares under the management option programme is 1,060,000. Orkla owns 1,318,135 treasury shares.
Oslo, 29 September 2016
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