Spectrum ASA : Exercise of share options and mandatory notification of trade in SPU


Reference is made to the stock exchange notice dated 2 March 2015. With regards to item 3, the payment has been determined based on a selling price of NOK 31.10 per share.

In accordance with item 4, Richmond Miller has purchased 122,060 shares in SPU at a price of NOK 31.10 per share.

In addition to the shares resulting from the exercise of the options, Henning Olset has sold 21,351 shares in SPU at a price of NOK 31.10 per share.

Following the transactions, the primary insiders listed above have the following holdings:
-    Richmond Miller holds 200,000 options at a strike price of NOK 36.82 per share, and 219,505 shares in the Company.
-    Henning Olset holds no options or shares in the Company.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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