Norway Royal Salmon ASA: Mandatory notification of trade - acquired shares and extended TRS agreement
July 20 2017 - 8:10AM
Chair of the Board of Directors in Norway Royal
Salmon ASA ("NRS"), Helge Gåsø, has today through Gåsø
Næringsutvikling AS exercised its contractual right to purchase
65,400 shares in NRS at a price of NOK 135.00 per share, while Gåsø
Næringsutvikling AS has extended a TRS (Total Return Swap) with
exposure to the remaining 250,000 shares in NRS to 20 January 2018.
In connection with this TRS, Gåsø Næringsutvikling AS has entered
into an agreement with the contractual right to acquire 250,000
shares in NRS at NOK 136.76 per share. Following this transaction
and extension of the TRS agreement, Gåsø Næringsutvikling AS holds
and has contractual rights to 7,030,149 shares in NRS, constituting
16.13 percent of the issued share capital.
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: Norway Royal Salmon ASA via Globenewswire
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