11.12.08, 14:39
Orkla ASA : Mandatory notification of trade - employee shares 2011
We refer to the notice to the Oslo Stock Exchange dated 1 November 2011 regarding Orkla's offer to its employees to buy Orkla-shares. Today, on 8 December 2011, Orkla transferred 1,423,381 Orkla-shares to its employees. After this transaction Orkla owns 8,922,368 Orkla-shares. The total number of options issued in Orkla shares is 24,516,500. In addition Orkla has a hedge through a cash-settled financial derivative of 600,000 underlying shares related to the option programmes. Orkla ASA Oslo, 8 December 2011 Contact Orkla Investor Relations: Siv Merethe S. Brekke, Tel: +47 930 56093 This information is subject of the disclosure requirements acc. to ยง5-12 vphl (Norwegian Securities Trading Act) This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Orkla ASA via Thomson Reuters ONE [HUG#1570088]