On March 24, 2023, the Board of Directors decided, in accordance with the terms of such incentive program, to pay out a cash amount to members of the Executive Management which in turn (after tax) has been used to acquire a total of 41,069 Class A-shares in the Company on March 24, 2023.
The purchase price paid for the shares is NOK 81.63, corresponding to the volume-weighted average share price on the Oslo Stock Exchange in the last 14 trading days of 2022.
To facilitate the above-mentioned acquisition of shares, the Company has on March 24, 2023, sold 41,069 Class A-shares (treasury shares) to the eligible participants at a purchase price of NOK 81.63 per share. The acquired shares are restricted with a holding period of three years with certain customary exemptions.
The following primary insiders in the Company have acquired shares in connection with the above-mentioned incentive plan, and have, following this, the following number of shares in the Company:
|
Name and title |
Shares acquired |
Total number of shares held in the company |
|
Harald Fotland, CEO |
16,753 |
69,688 Class A shares/4,000 Class B shares |
|
Terje Iversen, CFO |
5,364 |
59,287 Class A shares |
|
Øistein Jensen, CSO |
4,236 |
53,168 Class A shares |
|
Bjørn Hammer, CCO |
5,611 |
24,497 Class A shares |
|
Adrian Lenning, MD Terminals |
4,976 |
23,317 Class A shares |
|
Torger Trige, CTO |
4,129 |
12,461 Class A shares/190 Class B shares |
IR Contact:
Nils Jørgen Selvik, VP Corporate Analysis & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com
Terje Iversen, CFO
Tel: +47 932 40 59
E-mail: terje.iversen@odfjell.com
