Skip to content

Mandatory notification of trade

Pursuant to the terms of Odfjell SE's Long-term Incentive Program, the Executive Management may receive a cash amount, where the net amount less tax shall be used to purchase A-shares in the Company.

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


 69,688 Class A shares/4,000 Class B shares 

 Terje Iversen, CFO


 59,287 Class A shares

 Øistein Jensen, CSO


 53,168 Class A shares

 Bjørn Hammer, CCO


 24,497 Class A shares

 Adrian Lenning, MD Terminals


 23,317 Class A shares

 Torger Trige, CTO


 12,461 Class A shares/190 Class B shares


IR Contact:

Nils Jørgen Selvik, VP Corporate Analysis & IR
Tel: +47 920 39 718

Terje Iversen, CFO
Tel: +47 932 40 59


Latest stories

Odfjell introduces an innovative transition finance framework

Read more

Notice of Annual General Meeting 2024

Read more

Three Odfjell seafarers awarded for exemplary service in the maritime industry

Read more