A group of 358 senior executives in Veidekke purchased 1,210,000 shares from Stiftelsen Veidekkeansattes Aksjekjøp (The Veidekke employee share trust) during the subscription period from 6 to 18 May. The senior executives could choose between two alternatives; Option A with 20% discount and partial financing and option B with 30% discount and no financing. Each person could buy a maximum of 4.500 shares. The offer price was NOK 35.2 and 30.8 after the
20% / 30% discount on the market price during the subscription period. The lock-in period for the shares is 3 years.
- We give our employees the opportunity to purchase shares in Veidekke twice a year, says President and CEO Terje R. Venold. - In spring the offer applies to senior executives, while in autumn the offer goes out to all employees. Once again we are pleased with the considerable interest in purchasing shares in the company. This demonstrates faith in the future of the company, and it is important for the development of our business and for our corporate culture, concludes Venold.
Information about the number of shares acquired by primary insiders, as well as their new holdings, is attached to this message.
Please direct questions to:
Terje R. Venold, President and CEO on telephone no.
+47 21 05 77 01 / +47 905 82 323
Kai Krüger Henriksen, Executive Vice President, Communication/Information on telephone no. +47 21 05 77 04 / +47 905 19 360
Jørgen G. Michelet, Finance Director on telephone no.
+47 21 05 77 22 / +47 917 43 856
| Title | File type |
| shares acquired by primary insiders | doc |