« Back

Mandatory notification of trade

Grieg Seafood ASA: Mandatory notification of trade- synthetic share options 

Primary insider Stewart Hawthorn, regional director of Grieg Seafood BC Ltd., has redeemed 200,000 synthetic share options in Grieg Seafood ASA at an redemption rate of NOK 7,684. The settlement is paid in cash. The share option program beneficiary is obliged to re-invest 50% of his proceeds from the program in Grieg Seafood ASA shares. This obligation is enforced until the beneficiary owns 75% of his gross annual salary. Stewart Hawthorns has after this 100,000 synthetic share options available in Grieg Seafood ASA.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.