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Thursday, 16 February 2017

Selvaag Bolig ASA: Notifiable trades for primary insiders

Selvaag Bolig ASA    

Published: 08:30 CET 16-02-2017 /GlobeNewswire /Source: Selvaag Bolig ASA / : SBO /ISIN: NO0010612450

Selvaag Bolig ASA: Notifiable trades for primary insiders


The following primary insiders acquired a total of 580 050 Selvaag Bolig shares and sold a total of 17 000 Selvaag Bolig shares on 15 February.

 

The trades were in accord with the company's share purchase and share saving programmes.

 

The shares had a purchase price of NOK 34.76 and NOK 40.10 per share respectively. The employees were given a compensation on the purchase price of 30 and 20 per cent respectively for the decrease in share value resulting from the lock-up periods of 3 and 2 years respectively.


The price for the shares sold was NOK 39.70 per share.


The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 521 319 treasury shares.


Number of shares:

 

 

Original holding

Share purchase programme

Share saving programme

Sold 

New holding

Baard Schumann, CEO

211 230

268 148

1 559

0

480 937

Sverre Molvik, CFO

87 390 

82 191

1 559

-17 000

154 140

Halvard Kverne,
vice president portfolio management

70 390

82 191

1 559

0

154 140

Øystein Klungland,
vice president portfolio management

67 839

82 191

0

0

150 030

Kristoffer Gregersen,
vice president communications

19 511

49 315

1 559

0

70 385

Petter Cedell,
vice president property investment

6 309

8 219

1 559

0

16 087

 

 

Further information from 

Sverre Molvik, CFO, Selvaag Bolig ASA

Telephone: +47 401 00 585, e-mail: smo@selvaagbolig.no



Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig represents a continuation of Selvaag's 60-year history and experience, and offers a broad variety of property types marketed under the brand names Start, Hjem and Pluss. The company is headquartered at Ullern in Oslo.

 

www.selvaagboligasa.no/en

 

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

 




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Selvaag Bolig ASA, Pb 544 Økern, Oslo N-0512, Norway
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