Kitron — Director's Dealing 2017

Oct 25, 2017

Kitron ASA: Mandatory notification of trade

Kitron ASA: Mandatory notification of trade

25. October 2017. Reference is made to Kitron ASA's stock

exchange notice dated 25 October 2016 about issuance of

shares under the company's share incentive program for

executive management.

The shares are subject to trading restrictions allowing a

maximum of one eight of the shares to vest and become

tradable each quarter.

The following members of Kitron ASA's management group have

on 25. October 2017 sold the following number of shares

received according to the program:

Name

Mindaugas Sestokas

Position

MD Lithuania

Shares sold

56 544

Remaining holdings of shares

339 265

The shares were sold at an average price of NOK 7,8062

Kitron is one of Scandinavia's leading electronics

manufacturing services companies for the Defence/Aerospace,

Energy/Telecoms, Industry, Medical devices and

Offshore/Marine sectors. The company is located in Norway,

Sweden, Lithuania, Germany, China and the United States.

Kitron had revenues of about NOK 2.1 billion in 2016 and has

about 1 350 employees. www.kitron.com