Orkla ASA: Mandatory notification of trade - primary insiders

Date : 07/17/2017 @ 3:12PM
Source : GlobeNewswire

Orkla ASA: Mandatory notification of trade - primary insiders

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.

Orkla ASA
Oslo, 17 July 2017

Ref.:

Investor Relations
Elise Heidenreich
Tel.: +47 951 41 147

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Orkla ASA via Globenewswire

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