The ESPP offers Odfjell's employees in Norway to purchase a limited number of shares twice a year at a price adjustment in relation to the stock exchange price. The shares will have a two-year lock-in period, and the price adjustment will reflect the value of the lock-in period. The purchase price paid is NOK 97.48 for class A shares and NOK 95.68 for class B shares. The price corresponds to the volume-weighted average price on the Oslo Stock Exchange in the ten trading days during the subscription period from August 25, 2025, to September 5, 2025.
To facilitate shares acquired as part of the ESPP, Odfjell has today sold 8,405 Class A-shares (treasury shares) and 3,971 Class B-shares (treasury shares) to the eligible participants. The below listed primary insiders have acquired shares in connection with the ESPP, and have after this, the following number of shares in Odfjell:
Name, title | Shares acquired | Total number of shares held in the company |
Harald Fotland, CEO | 615 Class A shares | 102,606 Class A shares 4,000 Class B shares |
Terje Iversen, CFO | 627 Class B shares | 68,793 Class A shares 1,844 Class B shares |
Bjørn Hammer, CCO | 615 Class A shares | 37,645 Class A shares |
Øistein Jensen, CSO | 627 Class B shares | 62,576 Class A shares 627 Class B shares |
Adrian Lenning, MD Terminals | 615 Class A shares | 21,433 Class A shares |
Nils Jørgen Selvik, VP Finance & IR |
615 Class A shares | 1,809 Class A shares |
IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com