Today, Wallenius Wilhelmsen transferred 93,968 shares to executives under
Wallenius Wilhelmsen's long-term incentive program ("LTI"). The purpose of the
LTI program is to drive the growth and performance of Wallenius Wilhelmsen
leading to long-term value creation and thus increased shareholder value.
The value of the LTI program is directly linked to four elements:
1) Wallenius Wilhelmsen ROCE development
2) Wallenius Wilhelmsen Market Capitalization development
3) Wallenius Wilhelmsen's strategic success
4) Wallenius Wilhelmsen's sustainability achievements
Wallenius Wilhelmsen holds 310,372 of its own shares after the transfer.
The list below sets out the primary insiders that today have been allocated
Wallenius Wilhelmsen shares under the LTI program:
- Chief Executive Officer (CEO) Lasse Kristoffersen received 28,100 shares
today, as described in the attached notification. Following the award, Mr.
Kristoffersen holds 33,100 shares in the company.
- Chief Strategy and Development Officer Michael Hynekamp received 23,756 shares
today, as described in the attached notification. Following the award, Mr.
Hynekamp holds 160,903 shares in the company.
- COO Logistics Services John Felitto received 11,200 shares today, as described
in the attached notification. Following the award, Mr. Felitto holds 67,050
shares in the company.
- COO Shipping Services Xavier Leroi received 7,256 shares today, as described
in the attached notification. Following the award, Mr. Leroi holds 70,905 shares
in the company.
- Chief People and Corporate Affairs Officer Wenche Agerup received 8,092 shares
today, as described in the attached notification. Following the award, Mrs.
Agerup holds 8,092 shares in the company.
For further information, please contact:
Anders Redigh Karlsen - VP Global IR & Market Insight
Tel: +47 994 20 293
Email: anders.karlsen@walwil.com
About Wallenius Wilhelmsen
The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment and breakbulk to customers all over the world. The company
operates around 125 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 66 processing centers and seven marine
terminals. With a head office in Oslo, Norway, the Wallenius Wilhelmsen group
has around 9,500 employees working across 28 countries worldwide.