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TOMRA Systems — Share Issue/Capital Change 2010
Nov 12, 2010
3775_rns_2010-11-12_0bd62c2e-1d00-49c2-84ce-f33793a62c31.html
Share Issue/Capital Change
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Redemption of options granted to employees
The Tomra Systems ASA Board has in accordance with proxy given at the Annual
General Meeting of 21 April 2010, redeemed 8,917 vested options under the
Group`s optionprogram 2005-2010 for employees. After the transaction, it remains
137,876 vested, not exercised options.
All employees want to collect the gain and will be compensated in cash, total
NOK 8.917. The gain per option equals the difference between today`s closing
price of NOK 34.30 and the strikeprice of NOK 33.30.
The redemption will not have any P/L-impact, as the Group accounts for the
option program in accordance with IFRS 2, where the calculated market value for
the options is expensed over the vesting period.
For further information please contact CFO Espen Gundersen, telephone
+47 97 68 73 01.
Asker, 12 November 2010
Tomra Systems ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1462099]