5,819 employees of Veidekke have received offers to purchase between 50 and 3,000 Veidekke shares. 1,915 employees made use of the offer and purchased a total of 2.32 million shares. However, as only 1.76 million shares had been allocated to this year's sale, the oversubscription resulted in a reduction in the number of shares. After this reduction, the employees were permitted to purchase between 50 and 2,100 shares each.
The purchase price was set at NOK 29.39, which represents the average price in the subscription period 4 - 18 November 2011, less a 25 % discount. The shares are subject to a two-year lock-in period.
For years, Veidekke has worked to promote employee co-ownership in the company. This year interest has been considerable, and 1,915 purchasers represent 33% of those who received the offer. Corresponding figures for 2010 and 2009 were 31% and 31%, respectively.
The purchases of primary insiders, as well as new holdings, are attached to this report.
Contact persons:
Communications Director Kai Krüger Henriksen, tel. +47 21 05 77 04 / +47 90 51 93 60, kai.henriksen@veidekke.no
Assistant Financial Director Christopher M. Bjerke, tel. +47 99 58 18 02, christopher.bjerke@veidekke.no
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
| Title | File type |
| Primary Insiders |