Notification of share acquisition by primery insiders

Notification of share acquisition by primery insiders

ID: 20826

(Thomson Reuters ONE) -


Bjørge AS (reg. no. 995 477 041) is a subsidiary of Bjørge ASA, established in
connection with an intra group reorganisation of the Bjørge group. Following the
reorganisation Bjørge AS owns all shares proirly owned by Bjørge ASA in the
operative subsidiaries in the Bjørge group. The company was established on 28
April 2010 with a share capital of NOK 43,920,894, divided into 35,136,715
preference shares and 8,784,179 common shares, in total 43,920,894 shares. Prior
to the below mentioned subscriptions all shares in Bjørge AS is owned by Bjørge
ASA. The preference shares have a preference dividend equal to NOK 11 per
preference shares plus 13 % p.a. interest before any distribution is made to the
common shares.

The following primary insiders in Bjørge ASA have on 12 May 2010 subscribed for
ordinary shares in Bjørge AS at a subscription price equal to NOK 11 per share
as follows:

-       Aasland Industrier AS (reg. no. 989 182 730) has subscribed to 159,091
common shares. Aasland Industrier AS is controlled by Steinar Aasland who is the
CEO of Bjørge ASA and Bjørge AS. The number of shares owned by Aasland
Industrier AS in Bjørge AS after the completion of the share capital increase
will be 159,091 common shares, corresponding to an ownership interest of 0.36 %
of the total number of issued and outstanding shares.

-       Proficio Consulting AS (reg. no. 985 229 341) has subscribed to 47,273
common shares. Proficio Consulting AS is controlled by Erik Christensen who is
an executive vice president in Bjørge ASA and Bjørge AS and general manager of
Solberg & Andersen AS, a subsidiary of Bjørge AS. The number of shares owned by
Proficio Consulting AS in Bjørge AS after the completion of the share capital
increase will be 47,273 common shares, corresponding to an ownership interest of
0.11 % of the total number of issued and outstanding shares.





-       Solodden Invest AS (reg. no. 995 332 361) has subscribed to 47,273
common shares. Solodden Invest AS is controlled by Tor Hellestøl who is an
executive vice president in Bjørge ASA and Bjørge AS. The number of shares owned
by Solodden Invest AS in Bjørge AS after the completion of the share capital
increase will be 47,273 common shares, corresponding to an ownership interest of
0.11 % of the total number of issued and outstanding shares.

-       Romuld AS (reg. no. 995 313 421) has subscribed to 63,636 common shares.
Romuld AS is controlled by Trine Sæther Romuld who is an executive vice
president and CFO of Bjørge ASA and Bjørge AS. The number of shares owned by
Romuld AS in Bjørge AS after the completion of the share capital increase will
be 63,636 common shares, corresponding to an ownership interest of 0.14 % of the
total number of issued and outstanding shares.

-       Mcvay Eiendom AS (reg. no. 990 784 213) has subscribed to 18,182 common
shares. Mcvay Eiendom AS is controlled by Alf Magne Nøkling who is general
manager of Bjørge Teamtrade AS, a subsidiary of Bjørge AS. The number of shares
owned by Mcvay Eiendom AS in Bjørge AS after the completion of the share capital
increase will be 18,182 common shares, corresponding to an ownership interest of
0.04 % of the total number of issued and outstanding shares.

-       Linn-Dex AS (reg. no. 989 159 585) has subscribed to 18,182 common
shares. Linn-Dex AS is controlled by Jarle Øygarden who is the general manager
of Bjørge Safety Systems AS, a subsidiary of Bjørge AS. The number of shares
owned by Linn-Dex AS in Bjørge AS after the completion of the share capital
increase will be 18,182 common shares, corresponding to an ownership interest of
0.04 % of the total number of issued and outstanding shares.

-       Johan Ulric Fredriksson, born 24 July 1964 has subscribed to 18,182
common shares. Johan Ulric Fredriksson is general manager of Bjørge Eureka AS, a
subsidiary of Bjørge AS. The number of shares owned by Johan Ulric Fredriksson
in Bjørge AS after the completion of the share capital increase will be 18,182
common shares, corresponding to an ownership interest of 0.04 % of the total
number of issued and outstanding shares.

The new common shares constitute a total of 0.84 % of the total number of issued
and outstanding shares in Bjørge AS. The remaining 99.16 % of the outstanding
shares is still owned by Bjørge ASA.

For further information, please contact:


Trine Sæther Romuld, CFO, Bjørge ASA, tel: +47 991 63 632 or

Steinar Aasland, CEO, Bjørge ASA, tel: +47 906 42 696
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1415348]









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Datum: 12.05.2010 - 16:08 Uhr
Sprache: Deutsch
News-ID 20826
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"Notification of share acquisition by primery insiders"
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