On March 31, 2025, 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 38,875 Class A-shares in the Company on March 31, 2024.
The purchase price paid for the shares is NOK 97.92, corresponding to the volume-weighted average share price on the Oslo Stock Exchange in the last 14 trading days of March 2025.
To facilitate the above-mentioned acquisition of shares, the Company has on March 31, 2025, sold 38,875 Class A-shares (treasury shares) to the eligible participants at a purchase price of NOK 97.92 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, |
15,577 |
101,991 A-shares, 4,000 B- shares |
| Terje Iversen, CFO |
5,159 |
68,793 A- shares, 1,217 B- shares |
| Øistein Jensen, CSO |
3,923 |
62,576 A- shares |
| Bjørn Hammer, CCO |
5,460 |
37,030 A- shares |
| Adrian Lenning, MD Terminals |
4,697 A-shares |
20,818 A- shares |
| Torger Trige, CTO |
4,059 |
21,093 A- shares, 190 B- shares |
IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com
