Stock Options Exercised
(Thomson Reuters ONE) -
ASKER, NORWAY (19 February 2015) - 15 employees of TGS have today, 19 February
2015, exercised in total 103,400 stock options. All options were exercised from
the award in August 2011 secured by treasury shares at an exercise price of NOK
113.80 per share. Following the exercise TGS holds 1,943,512 of the issued
shares as treasury shares. TGS' share capital is NOK 25,796,072.00 consisting of
103,184,288 shares at a nominal value of NOK 0.25 per share.
The following primary insiders in TGS have on 19 February 2015 traded TGS shares
related to their exercise of stock options:
Knut Agersborg, VP Global Services and member of TGS' Executive management, has
exercised 7,000 stock options and sold the same number of shares in TGS at an
average price of NOK 182.97 per share. After this transaction Knut Agersborg
holds 2,100 shares in TGS.
Martin Bett, Senior VP Reservoir Solutions and member of TGS' Executive
management, has exercised 14,000 stock options and sold the same number of
shares in TGS at an average price of NOK 182.97 per share. After this
transaction Martin Bett does not hold any shares in TGS.
Stein Ove Isaksen, Senior VP Eastern Hemisphere and member of TGS' Executive
management, has exercised 7,200 stock options and sold the same number of shares
in TGS at an average price of NOK 182.97 per share. After this transaction Stein
Ove Isaksen holds 2,000 shares in TGS.
Zhiming Li, Senior VP Data Processing & Research & Development and member of
TGS' Executive management, has exercised 14,000 stock options and sold the same
number of shares in TGS at an average price of NOK 182.97 per share. After this
transaction Zhiming Li holds 105,694 shares in TGS.
Attached is the list of the primary insiders exercising stock options.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
TGS Primary Insiders Stock Option Exercises February 2015:
http://hugin.info/86869/R/1896023/672585.pdf
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: TGS via GlobeNewswire
[HUG#1896023]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 19.02.2015 - 22:16 Uhr
Sprache: Deutsch
News-ID 373029
Anzahl Zeichen: 2742
contact information:
Town:
Asker
Kategorie:
Business News
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"Stock Options Exercised"
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