Transaction in Own Shares • May 20, 2020
Transaction in Own Shares
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Share savings scheme for employees - Purchase of own shares and allocation to primary insiders
20.5.2020 17:05:01 CEST | Entra ASA | Mandatory notification of trade primary
insiders
All employees in Entra have received an offer to purchase shares for up to NOK
150,000 at a 20 % discount in accordance with the authorization given on the
general meeting on 30 April 2020. The offer price was NOK 97.60 per share and
was calculated as the dividend adjusted volume weighted average share price in
the period from 30 March to 29 April 2020 minus a 20 % discount. 100 employees
have ordered and been allocated a total of 103,774 shares in the shares saving
scheme. The lock-up period for the shares is two years.
Entra ASA will purchase shares for allocation under the share savings scheme in
the market, in accordance with the authorization given on the general meeting on
30 April 2020. The share purchase will start on 25 May 2020. The number of
shares acquired, and the corresponding share price will be reported in
accordance with the applicable regulations.
Below is an overview of orders/allocation of shares to primary insiders as well
as their holdings post allocation.
Name | Position | No of shares | Total no of shares:
| | allocated: |
Sonja Horn | CEO | 1 537 | 30 404
Anders Olstad | CFO | 1 537 | 61 185
Åse Lunde | EVP Digitalisation | 1 537 | 7 544
| and Business | |
| Development | |
Per Ola Ulseth | EVP Project | 1 537 | 5 495
| Development | |
Kjetil Hoff | COO | 1 537 | 3 485
Tore Bakken | EVP Market and | 1 537 | 3 353
| Property Development | |
Hallgeir Østrem | CLO | 1 537 | 16 827
Tone K. Omsted | Head of Investor | 1 537 | 14 392
| Relations | |
Espen Kristiansen | Group Controller | 1 537 | 12 078
Erling Nedkvitne | Employee rep, Board | 1 537 | 12 392
| of Directors | |
Mariann Halsvik | Deputy employee rep, | 1 537 | 4 654
Larsen | Board of Directors | |
Eirik K. Hovind | Deputy employee rep, | 1 537 | 1 627
| Board of Directors | |
Marit Rasmussen | Employee rep, Board | 257 | 454
| of Directors | |
DISCLAIMER
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Tone Kristin Omsted, Head of Investor Relations, +47 98228510, [email protected]
ATTACHMENTS
* Download announcement as PDF.pdf
[https://kommunikasjon.ntb.no/ir-files/16126567/52/69/Download%20announcement
%20as%20PDF.pdf]
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