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Aker Solutions — Remuneration Information 2014
Nov 14, 2014
3531_dirs_2014-11-14_7a831934-225e-437a-85e6-bac0f2cec4d4.html
Remuneration Information
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Aker Solutions ASA to Execute Employee Share Purchase Program
Aker Solutions ASA to Execute Employee Share Purchase Program
November 14, 2014 - Aker Solutions is offering employees in selected
jurisdictions the opportunity to purchase shares in the company.
The 2014 employee share purchase program allows participants to buy shares for
between NOK 10,000 and NOK 60,000. Participants are offered a general discount
of NOK 1,500 on their total share purchase. In addition, a price reduction of
25 percent of the share price will apply in exchange for the purchased shares
being subject to a three-year lock-up period. The purchase will be financed by a
loan from Aker Solutions to be settled by salary deductions over a twelve-month
period.
Aker Solutions is also offering selected managers the opportunity to purchase
additional shares, worth as much as 25 percent of their annual base salary, in a
separate program. A price reduction of 25 percent of the share price applies in
exchange for the purchased shares being subject to a three-year lock-up period.
The managers are responsible for the financing and upfront cash settlement of
these share purchases.
The subscription period for both programs is November 14-28, 2014.
The price per share will be based on the average volume-weighted share price on
the Oslo Stock Exchange over the period December 15-19, 2014. Allocation of
shares to the participants is expected on or about December 22, 2014.
Aker Solutions will purchase own shares in the open market for onwards sale to
participants under the share 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:
David Phillips, Head of Industry & Investor Relations, Aker Solutions. Tel:
+44 208 811 7111, Mob: +44 7788 338 887, E-mail:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194, E-mail: [email protected]
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 17,000
people in about 20 countries. Go to www.akersolutions.com for more information
on our on our business, people and values.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1871454]