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Monday, 17 July 2017

Orkla ASA: Mandatory notification of trade - primary insiders

Orkla ASA    

Published: 08:00 CEST 17-07-2017 /GlobeNewswire /Source: Orkla ASA / : ORK /ISIN: NO0003733800

Orkla ASA: Mandatory notification of trade - primary insiders

According to a resolution by the general meeting of Orkla ASA ("Orkla") on 20 April 2017, shareholder-elected board members are required to use minimum 1/3 of their gross board fee to purchase shares in Orkla, until they own shares in Orkla with a value equivalent to two times their gross board fee. On this basis, the following board members have purchased shares in Orkla on 14 July 2017.

 

Stein Erik Hagen, Chairman of the Board of Orkla, has personally bought 10,000 shares at a price of NOK 86.05 per share. Following this transaction, Hagen and related parties own 249,152,000 shares in Orkla.

 

Nils Selte, Member of the Board of Orkla, has, through his wholly owned company Nian AS, bought 3,000 shares at a price of NOK 86.05 per share. Following this transaction, Selte and related parties own 21,000 shares in Orkla.

 

Ingrid Jonasson Blank, Member of the Board of Orkla, has bought 2,000 shares at a price of NOK 85.60 per share. Following this transaction, Jonasson Blank and related parties own 3,750 shares in Orkla.

 

Liselott Kilaas, Member of the Board of Orkla, has bought 2,500 shares at a price of NOK 85.90 per share. Following this transaction, Kilaas and related parties own 2,500 shares in Orkla.



Orkla ASA
Oslo, 17 July 2017


Ref.:

Investor Relations
Elise Heidenreich
Tel.: +47 951 41 147


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: Orkla ASA, Karenslyst allé 6, Pb. 423 Skøyen, Oslo 0213, Norway
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