After exercise of options, Orkla's holding of Orkla shares is reduced to 7,681,854. A total of 2,082,171 options have currently been issued. Moreover, Orkla has an exposure through a cash-settled financial derivative of 450,000 underlying shares in the hedge position related to the remaining part of the cash bonus programme.
The following of the above transactions concern primary insiders:
|
Name |
Options exercised |
Assigned new options |
Total number of options |
Orkla-shares |
|
Håkon Chr. Andersen |
6 666 |
|
13 334 |
*) |
|
Roar Engeland |
|
40 000 |
130 000 |
13.002 |
|
Dag J. Opedal |
|
40 000 |
130 000 |
16.613 |
At the same time Managing Director of Orkla Foods International Håkon Chr. Andersen sold 6,600 shares at a share price of NOK 195.36 *) He now owns 9,268 Orkla shares.