Aker Solutions to Execute Employee Share Purchase Program
(Thomson Reuters ONE) -
September 28, 2015 - Aker Solutions will offer employees in selected
jurisdictions the opportunity to buy shares in the company.
The 2015 employee share purchase program allows participants to acquire shares
for between NOK 10,000 and NOK 60,000. Participants are offered a general
discount of NOK 1,500 on their total share purchase. In addition, a price
reduction of 25 percent of the share price will apply in exchange for the
purchased shares being subject to a three year lock-up period. The purchase will
be financed by a loan from Aker Solutions to be settled by salary deductions
over a twelve-month period.
Aker Solutions will also offer selected managers the opportunity to buy
additional shares worth as much as 25 percent of their annual base salary. A
price reduction of 25 percent of the share price will apply in exchange for the
purchased shares being subject to a three-year lock-up period. The managers are
responsible for the financing and upfront cash settlement of these purchases.
The subscription period for both programs is November 5-20, 2015.
The price per share will be based on the average volume-weighted share price on
the Oslo Stock Exchange over the period December 7-11, 2015. Shares will be
allocated to participants on December 14, 2015.
The company will purchase own shares in the open market for onwards sale to
participants under the programs.
Having made this announcement, Aker Solutions is legally committed to selling
shares to subscribing participants on the terms applicable to the share
programs.
ENDS
For further information, please contact:
Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: bunny.nooryani(at)akersolutions.com
Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel:
+47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-
andersen(at)akersolutions.com
Investors:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel:
+44 208 811 7111, Mob: +44 7788 338 887, E-mail:
david.phillips(at)akersolutions.com
Lasse Torkildsen, Senior Advisor, Aker Solutions. Tel: +47 67 51 30 39, Mob:
+47 911 37 194, E-mail: lasse.torkildsen(at)akersolutions.com
Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 16,000
people in about 20 countries. Go to www.akersolutions.com for more information
on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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: Aker Solutions ASA via GlobeNewswire
[HUG#1954787]
Unternehmensinformation / Kurzprofil:
Datum: 28.09.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 422885
Anzahl Zeichen: 3753
contact information:
Town:
Fornebu
Kategorie:
Business News
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"Aker Solutions to Execute Employee Share Purchase Program"
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