According to a resolution by the general meeting of Orkla ASA ("Orkla") on 20 April 2017, shareholder-elected board members are required to use minimum 1/3 of their gross board fee to purchase shares in Orkla, until they own shares in Orkla with a value equivalent to two times their gross board fee. On this basis, the following board members have purchased shares in Orkla on 17 July 2017.
Grace Reksten Skaugen, Deputy Chair of the Board of Orkla, has, through her wholly owned company Infovidi Board Services Ltd, bought 2,500 shares at a price of NOK 86.339 per share. Following this transaction, Reksten Skaugen and related parties own 5,500 shares in Orkla.
Lars Dahlgren, Member of the Board of Orkla, has bought 2,000 shares at a price of NOK 84.80 per share. Following this transaction, Dahlgren and related parties own 4,500 shares in Orkla.
Oslo, 17 July 2017
Tel.: +47 951 41 147
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
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Source: Orkla ASA via Globenewswire