On March 25, 2026, 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 34,323 Class A-shares in the Company on March 25, 2026.
The purchase price paid for the shares is NOK 119.20, corresponding to the volume-weighted average share price on the Oslo Stock Exchange in the last 10 trading days prior to March 25, 2026. To facilitate the above-mentioned acquisition of shares, the Company has on March 25, 2026, sold 34,323 Class A-shares (treasury shares) to the eligible participants at a purchase price of NOK 119.20 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 | 13,680 | 116,883 A-shares | 4,000 B-shares
Terje Iversen, CFO | 4,733 | 73,526 A-shares | 2,459 B-shares
Øistein Jensen, CSO | 3,368 | 65,944 A-shares | 1,242 B-shares
Bjørn Hammer, CTO | 5,024 | 42,669 A-shares
Adrian Lenning, MD Terminals | 4,033 | 21,603 A-shares
Torger Trige, CTO | 3,485 | 25,175 A-shares
Contact
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com
