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Aker ASA: Mandatory notification of trade

05.06 2018 20:06

Aker ASA ("Aker") has carried out its employee share purchase programme for the year.

Participants in the share purchase programme were offered a discount of 20 per cent on the closing share price on 5 June 2018. Hence, each participant paid NOK 466.40 per share. All shares will be locked up for a period of three years from delivery of the shares, during which employees will not be able to sell the shares.

The following primary insiders have purchased shares:

* Frank O. Reite, Chief Financial Officer, has through the company Fausken Invest AS acquired 4 444 shares in Aker. Mr. Reite's total shareholding in Aker after the acquisition will be 71 240 shares, all of which are held through Fausken Invest AS.

* Arild Støren Frick, General Counsel, has through the company Elichapet AS acquired 400 shares in Aker. Mr. Frick's total shareholding after the acquisition will be 8 000 shares, all of which are held through Elichapet AS.

* Ove Andre Taklo, Corporate Controller, has acquired 935 shares in Aker. Mr. Taklo's total shareholding after the acquisition will be 5 015 shares.

* Laila Hop, Paralegal, has acquired 50 shares in Aker. Ms. Hop's total shareholding after the acquisition will be 298 shares.

Aker sold a total of 12 352 own shares in connection with the programme. Following the transaction, Aker will hold 53 381 own shares.

 

END

For further information, please contact:

Investors:
Per Kristian Reppe, Investment Manager & Head of Investor Relations
Phone: +47 24 13 00 67
Mobile: +47 90 03 32 03

Media:
Atle Kigen, Head of Corporate Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878

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