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Aker Solutions — Director's Dealing 2021
May 21, 2021
3531_dirs_2021-05-21_d84bbc52-0b0e-4fc4-a536-48f5f2d0b549.pdf
Director's Dealing
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Aker Solutions ASA: Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Aker Solutions ASA shares
Fornebu, Norway, May 20, 2021: Pursuant to the Market Abuse Regulation article 19, Aker Solutions ASA (the "Company") hereby notify receipt of information of the following transaction made by persons discharging managerial responsibilities in the Company (the "Reporting Person") and persons closely associated with them (the Closely Associated Persons") in the Company's shares and other financial instruments linked thereto.
| 1 | Details of the Reporting Person and their Closely Associated Persons | |
|---|---|---|
| a) | Name | Sturla Magnus |
| 2 | Reason for the notification | |
| a) | Position/status | Executive Vice President, Topside & Facilities |
| b) | Initial notification /Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Aker Solutions ASA |
| b) | LEI | 5967007LIEEXZXG42836 |
| 4.1 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) | |
| each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial | Shares |
| instrument, type of instrument | ISIN: NO0010716582 | |
| and identification code | ||
| b) | Nature of the transaction | Receipt of 29,050 shares under an incentive program established in 2018 for executives and |
| senior managers of Kværner ASA | ||
| c) | Price(s) and volume(s) | Unit price(s) in Volume(s) |
| NOK - 29,050 shares |
||
| d) | Aggregate information | A total of 29,050 shares received. |
| - Volume - Price |
No consideration is paid for the shares. As per the terms of the incentive program, the number of shares allocated is based on a fixed bonus amount which in 2019 was calculated into a number of shares of Kværner ASA based on market price at Oslo Børs at the time, such shares subject for allocation in May 2021 to eligible participants under the incentive program. The relevant number of shares of Kværner ASA has been calculated into shares of Aker Solutions ASA based on the exchange ratio under the merger of the companies in November 2020. In accordance with the terms of the incentive program, the applicable value of each share received equals the volume-weighted average price of the Aker Solutions ASA share on Euronext Oslo Børs on the trading day before date of allocation, i.e. May 19, 2021 (NOK 14.4971 per share) |
|
| e) | Date of the transaction | 2021-05-20; 12:00 (CET) |
| f) | Place of the transaction | Euronext Oslo Børs |
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