Mandatory notification of trade

Mandatory notification of trade

ID: 123240

(Thomson Reuters ONE) -


Stavanger, 8 March 2011: The board of Norwegian Energy Company (Noreco) has in
accordance with Noreco's option scheme decided to issue employee share options.

A total of 4 279 384 options have been issued, each with a strike price of NOK
8.04 per share. The options may be exercised during a period from 3 to 5 years
from the date of grant.

The following primary insiders have received share options:

Name - number of options - new balance options - shares
Kjetil Bakken - 169652 - 259024 - 55416
John Bogen - 175835 - 329292 - 88582
Erik Borg - 65484 - 190289 - 11128
Ellen Sandra Bratland - 184080 - 359771 - 61010
Simon Campbell - 74627 - 210598 - 101698
Lars Fosvold - 184080 - 423326 - 136111
Einar Gjelsvik - 325780 - 696902 - 129993
Ørjan Gjerde - 169652 - 169652 - 60000
Liselotte Kiørboe - 59690 - 147148 - 18331
Odd Kjørholt - 72139 - 204325 - 49610
Bård Lærum - 67910 - 185298 - 54329

Contact:
Kjetil Bakken, VP Investor Relations (+47 91 889 889)

This information is subject of the disclosure requirements acc. to §5-12 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: NORECO via Thomson Reuters ONE

[HUG#1592562]




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Bereitgestellt von Benutzer: hugin
Datum: 08.03.2012 - 15:16 Uhr
Sprache: Deutsch
News-ID 123240
Anzahl Zeichen: 1794

contact information:
Town:

Stavanger



Kategorie:

Business News



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Die Pressemitteilung mit dem Titel:
"Mandatory notification of trade"
steht unter der journalistisch-redaktionellen Verantwortung von

NORECO (Nachricht senden)

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Stavanger, 11 December 2009: Norwegian Energy Company ASA (Noreco, OSE:NOR), Financial calendar for Noreco for 2010: 28 January Capital Markets Day (Stavanger) 18 February Q4 2009 Presentation (Oslo) 29 April Q1 2010 Presentat ...

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