Akastor ASA: Mandatory notification of trade
(Thomson Reuters ONE) -
Fausken Invest AS, a wholly-owned subsidiary of the CEO of Akastor ASA, Frank O.
Reite, has today purchased 100,000 treasury shares in the company at a price of
NOK 18.72 per share. The transaction was made off market (OTC) as part of the
share purchase program for the CEO which was announced on November 6, 2014 and
pursuant to which Mr. Reite is entitled to purchase up to 100,000 Akastor shares
at the average market price during the first 20 trading days, less a discount of
20 percent and with a three years lock up period restriction.
Following today's transaction, Frank O. Reite holds 100,000 shares in Akastor
ASA, and Akastor ASA holds 1,855,611 own treasury shares.
For further information, please contact:
Tore D. Langballe
Head of Communications and Investor Relations
Mob: +47 907 77 841
Akastor ASA is an oilfield services investment company with a flexible mandate
for long-term value creation. The company exercises active ownership combining a
range of strategic, operational and financial measures to develop and unlock the
full value potential of its portfolio of companies. Akastor ASA employs
approximately 7,400 people.
This information is subject of the disclosure requirements pursuant to Sections
4-2 and 5-12 of the Norwegian Securities Trading Act.
ENDS
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Akastor ASA via GlobeNewswire
[HUG#1869819]
Unternehmensinformation / Kurzprofil:
Datum: 07.11.2014 - 13:49 Uhr
Sprache: Deutsch
News-ID 350759
Anzahl Zeichen: 2010
contact information:
Town:
Lysaker
Kategorie:
Business News
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