Kitron — Director's Dealing 2017

Jul 17, 2017

Kitron ASA: Mandatory notification of trade

Kitron ASA: Mandatory notification of trade

17. July 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 17. July 2017 sold the following number of shares

received according to the program:

Name Position Shares sold Remaining holdings of Shares

Tommy P. Storstein Sales director 50 000 210 029

Hans Petter Thomassen MD Norway 44 310 110 777

The shares were sold at an average price of NOK 8,1292.

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