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Entra

Transaction in Own Shares May 20, 2020

3596_dirs_2020-05-20_58e1f3c6-c8f6-4a4d-81c9-2112d7629328.html

Transaction in Own Shares

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Share savings scheme for employees - Purchase of own shares and allocation to primary insiders

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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