764 senior executives in Veidekke have received offers to purchase between 1,500 and 4,500 Veidekke shares each. 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.
380 senior executives subscribed for a total of 1,185,350 shares during the subscription period from 11 to 21 May. However, in option A, there was an oversubscription. After a reduction, the employees were permitted to purchase between 1,500 and 3,600 shares each in option A. Option B had no oversubscription. After the reduction a total of 1,102,250 shares were allocated.
The offer price was NOK 33.95 and 29.70 after the 20 % / 30 % discount on the market price during the subscription period. The lock-in period for the shares is 3 years.
The purchases of primary insiders, as well as new holdings, are attached to this report.
Please direct questions to:
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 21 05 80 13 / +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 |
| Shares acquired by Primary Insiders May 2012 |