Grieg Seafood — Director's Dealing 2017

Feb 16, 2017

Grieg Seafood ASA: Mandatory Notification of Trade - Synthetic Share Options

Grieg Seafood ASA: Mandatory Notification of Trade - Synthetic Share Options

Primary insiders have redeemed synthetic share options in Grieg Seafood ASA

according to the enclosed list.

The settlement is paid in cash. The synthetic share option program beneficiary

is obliged to re-invest 50% of his proceeds from the program in Grieg Seafood

ASA shares. This obligation is enforced until the beneficiary owns 100% of his

gross annual salary. All being a part of Grieg Seafood ASA's synthetic share

option program have an obligation to hold shares in the company.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.