Spectrum ASA has in accordance with the company's option program, approved in the general meeting May 23rd 2014, granted options to the following primary insiders in the company:
- Bjarte Hetland 25.000 options, following this grant Bjarte Hetland holds 25.000 options and 2.000 shares in the company
- Michael Ball 70.000 options, following this grant Michael Ball holds 170.000 options and 5.000 shares in the company
- Jane Conder 5.000 options, following this grant Jane Conder holds 5.000 options and 0 shares in the company
- Rune Eng 900.000 options, following this grant Rune Eng holds 2.850.000 options and 35.000 shares in the company
- Neil Hodgson 140.000 options, following this grant Neil Hodgson holds 160.000 options and 0 shares in the company
- Kim Gunn Maver 40.000 options, following this grant Kim Gunn Maver holds 240.000 options and 0 shares in the company
- Graham Mayhew 80.000 options, following this grant Graham Mayhew holds 280.000 options and 4.000 shares in the company
- Richie Miller 200.000 options, following this grant Richie Miller holds 395.000 options and 97.445 shares in the company
- Eddie Pharr 25.000 options, following this grant Eddie Pharr holds 25.000 options and 0 shares in the company
- Jan Schoolmeesters 450.000 options, following this grant Jan Schoolmeesters holds 905.000 options and 15.000 shares in the company
- Ian Setterfield 30.000 options, following this grant Ian Setterfield holds 130.000 options and 0 shares in the company.
- Svein Staalen 100.000 options, following this grant Svein Staalen holds 355.000 options and 0 shares in the company
Each option gives right to acquire one share in the company.
The exercise price of each option is equal to the VWAP (Volume Weighted Average Price) 20 (twenty) trading days immediately prior to Deptember 1st 2014.
For further information, please contact:
Henning Olset
CFO of Spectrum ASA
Phone: +47 23 01 49 65
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)