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Friday, 17 February 2017

Selvaag Bolig ASA: Notifiable trades for primary insiders

Selvaag Bolig ASA    

Published: 15:01 CET 17-02-2017 /GlobeNewswire /Source: Selvaag Bolig ASA / : SBO /ISIN: NO0010612450

Selvaag Bolig ASA: Notifiable trades for primary insiders

 

The following primary insiders acquired a total of 6 165 Selvaag Bolig shares on 17 February.

 

The trades were in accord with the company's purchase programme. 

 

The shares had a purchace price of NOK 34.76. The employees were given a compensation on the purchase price of 30 for the decrease in share value resulting from the lock-up period of 3 years.


The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 515 154 treasury shares.

 

Number of shares:

 

 

Original holding

Share purchase programme

Share saving programme

Sold 

New holding

Sverre Molvik, CFO

154 140

2 055

-

-

156 195

Halvard Kverne, vice president portfolio management

154 140

2 055

-

-

156 195

Øystein Klungland, vice president portfolio management

150 030

2 055

-

-

152 085

 

 

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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