Entra

Director's Dealing • May 20, 2020

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

20.5.2020 17:04:56 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 allocated:	Total no of shares:
Sonja Horn	CEO	1 537	30 404
Anders Olstad	CFO	1 537	61 185
Åse Lunde	EVP Digitalisation and Business Development	1 537	7 544
Per Ola Ulseth	EVP Project Development	1 537	5 495
Kjetil Hoff	COO	1 537	3 485
Tore Bakken	EVP Market and Property Development	1 537	3 353
Hallgeir Østrem	CLO	1 537	16 827
Tone K. Omsted	Head of Investor Relations	1 537	14 392
Espen Kristiansen	Group Controller	1 537	12 078
Erling Nedkvitne	Employee rep, Board of Directors	1 537	12 392
Mariann Halsvik Larsen	Deputy employee rep, Board of Directors	1 537	4 654
Eirik K. Hovind	Deputy employee rep, Board of Directors	1 537	1 627
Marit Rasmussen	Employee rep, Board of Directors	257	454

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, tom@entra.no

Attachments

Download announcement as PDF.pdf