AI assistant
Aker Solutions — Regulatory Filings 2016
Dec 16, 2016
3531_dirs_2016-12-16_fb92260c-b067-411f-8af8-603443b7a46e.html
Regulatory Filings
Open in viewerOpens in your device viewer
Aker Solutions Employees Buy Shares for NOK 40 Million
Aker Solutions Employees Buy Shares for NOK 40 Million
December 16, 2016 - Aker Solutions employees bought shares for NOK 40 million as
part of annual programs for staff and managers.
The company for the eighth consecutive year held share purchase programs to
encourage employee ownership. About 900 employees, or 10 percent of eligible
staff, participated.
Eligible staff could buy Aker Solutions shares for as much as NOK 60,000 each.
The shares were offered at a 25 percent reduction on the market price and a
fixed one-off discount. A group of senior managers were also offered the chance
to buy additional shares for as much as 25 percent of each individual's salary.
These were also at a 25 percent price reduction.
The subscription period for employee and manager programs ran from Oct. 28 -
Nov. 11. The shares were allocated on Dec. 15 and priced at NOK 42.1910 each
before the price reduction and discount, which was the average volume weighted
share price of Aker Solutions on the Oslo Stock Exchange from Dec. 8 - 14.
Aker Solutions ASA sold a total of 938,357 own shares in connection with the
programs, leaving the company with 508,954 own shares.
Acquired shares are subject to a three-year lock-up during which employees will
not be able to sell the shares. Enclosed is an overview of shares acquired by
primary insiders in this year's programs.
ENDS
For further information, please contact:
Media:
Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel:
+47 67 59 42 71, Mob: +47 480 27 575, E-mail: [email protected]
Anne Cecilie Lund-Andersen, Media Relations Manager, Aker Solutions. Tel:
+47 22 94 74 52, Mob: +47 99 62 12 13, E-mail: anne.cecilie.lund-
Investors:
Per Christian Olsen, Analyst, Investor Relations, Aker Solutions. Tel:
+47 67 51 36 58, Mob: +47 900 29 077, E-mail:
Aker Solutions is a global provider of products, systems and services to the oil
and gas industry. Its engineering, design and technology bring discoveries into
production and maximize recovery. The company employs approximately 13,000
people in about 20 countries. Go to http://akersolutions.com for more
information on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see http://akersolutions.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.