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DNB Bank ASA — Director's Dealing 2018
Apr 27, 2018
3579_dirs_2018-04-27_7a11bedb-6359-484f-a7b3-92723bb273ab.html
Director's Dealing
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DNB - Acquisition of shares by primary insiders
DNB - Acquisition of shares by primary insiders
Oslo, 27 April 2018
Today, 27 April 2018, a total of 195,109 shares in DNB ASA were acquired on behalf of certain leading employees and risk takers. The purchase was executed collectively at an average price per share of NOK 149.6917.
The shares were acquired in accordance with the regulation on remuneration in financial institutions etc., which states that at least half of annual variable remuneration shall be awarded as shares and be subject to certain lock-up mechanisms.
The employees have been given a compensation for decreased share value resulting from the lock-up at approximately 6.2%.
A list of primary insiders of DNB ASA that have increased their shareholding is attached.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.