Grieg Seafood ASA: Trade subject to notification - shares for employees 2023
December 04 2023 - 1:22PM
Grieg Seafood ASA: Trade subject to notification - shares for
employees 2023
On 27 June 2023, Grieg Seafood ASA's annual general meeting
authorized Grieg Seafood ASA (the "Company") to
sell Grieg Seafood ASA shares owned by it to Grieg Seafood group
employees in connection with the Company's share saving program
(the "Program"). The purpose of the Program is to
strengthen Grieg Seafood's culture and to encourage loyalty through
employees becoming shareholders of the Company.
Grieg Seafood ASA has today started the transfer of 107 473
Grieg Seafood ASA shares held by it to employees participating in
the Program (the "Participants"). The shares have
been purchased at a subscription price of NOK 65,8935 per
share (the "Subscription Price") before discount.
The Subscription Price corresponds to the volume-weighted average
share price as traded on Oslo Børs Euronext in the period from
20 November 2023 to 1 December 2023. The participants
received a 30% discount on the Subscription Price. The maximum
number of shares per employee was 759. All shares transferred under
the Program are subject toa lock-up period of 18 months
beginning with the date of transfer. Following this transaction,
the Company still holds 1 313 654 own shares.
The following primary insiders have purchased the maximum number
of shares through the Program: Andreas Kvame (CEO), Atle Harald
Sandtorv (CFO), Alexander Knudsen (COO Farming Europe), Marie
Nathalie Kathleen Offman Mathisen (CHRO), Knut Utheim (CTO), Erik
Holvik (CCO) and Kevin Ruben (CLO). Kristina Furnes has also
participated in the Program and purchased 456 shares.
For enquiries, please contact:
Atle Harald Sandtorv, CFO Cell phone
+47 908 45 252
About Grieg SeafoodGrieg
Seafood ASA is one of the world's leading salmon farmers. Our farms
are in Finnmark and Rogaland in Norway, as well as in British
Columbia and Newfoundland in Canada. Our headquarter is in Bergen,
Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in
June 2007.
Sustainable farming practices are the foundation
of Grieg Seafood’s operations. The lowest possible environmental
impact and the best possible fish welfare is both an ethical
responsibility and drive economic profitability.
To learn more, please visit
www.griegseafood.com.
The information is publicly disclosed in
accordance with section 5-12 of the Norwegian Securities Trading
Act as well as article 19 of the Market Abuse Regulation.
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