REC ASA - Options Issued
(Thomson Reuters ONE) - Sandvika, August 13, 2009: According to the resolution adopted by theAnnual General Meeting on May 19, 2009, options for executivemanagement and key personnel have been issued today. The options havean exercise price of NOK 52.48 and a life of 6 years, and may beexercised in the last three years.The following primary insiders have received a total of 770 132options:+-----------------------------------------------------------------+| Name | Options allocated | Total number of options || | August 13, 2009 | ||-------------------+-------------------+-------------------------|| John Andersen jr. | 103 617 | 123 740 ||-------------------+-------------------+-------------------------|| Bjørn Brenna | 98 508 | 124 015 ||-------------------+-------------------+-------------------------|| Ingelise Arntsen | 98 508 | 124 015 ||-------------------+-------------------+-------------------------|| Einar Kilde | 92 903 | 116 967 ||-------------------+-------------------+-------------------------|| Tore Torvund | 88 530 | 88 530 ||-------------------+-------------------+-------------------------|| Erik Sauar | 88 291 | 105 436 ||-------------------+-------------------+-------------------------|| Kristine Ryssdal | 78 978 | 99 432 ||-------------------+-------------------+-------------------------|| Svànaug Bergland | 60 398 | 76 039 ||-------------------+-------------------+-------------------------|| Jon André Løkke | 60 398 | 72 129 |+-----------------------------------------------------------------+In addition, primary insider Ole Enger (President and CEO of REC) hasbeen allocated a total of 138 962 options. The options have anexercise price of NOK 60.50 and a life of 6 years, and may beexercised in the last three years. After this transaction, Enger andrelated parties hold 138 962 options in REC.About RECREC is the leading vertically integrated player in the solar energyindustry. REC Silicon and REC Wafer are among the world's largestproducers of polysilicon and wafers for solar applications. REC Solaris a rapidly growing manufacturer of solar cells and modules, and arealso engaging in project development activities in selected segmentsof the PV market. REC had revenues of NOK 8 191 million and anoperating profit of NOK 2 529 million in 2008. Close to 3 000employees work in REC's worldwide organization. Please also seewww.recgroup.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 13.08.2009 - 07:01 Uhr
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