Selvaag Bolig ASA: Mandatory notification of trades by primary insiders

A total of 71 employees were offered the opportunity to buy shares worth up to NOK 200 000 through the company’s share-saving programme. The offer included a discount of 20 per cent on the shares as well as financing assistance. The lock-up period is two years.

Five senior executives were offered the opportunity to acquire shares worth up to one year’s salary through the company’s share purchase programme. The offer included a discount of 30 per cent. The lock-up period is three years. 

The subscription period ran from 25 November – 29 November. The price per share is the stock market price (volume-weighted average price for the final 10 days of stock exchange trading before the programme opened)

For detailed information about the share programmes reference is made to the 2023 annual report.

The transaction was completed on 29 November.

The shares will be transferred from the company's holding of own shares. Subsequent to the purchase Selvaag Bolig holds zero own shares.

 
The following primary insiders have purchased shares:

Share purchase programme (three year lock up period and 30 per cent discount)

Sverre Molvik, CEO, purchased 186 016 shares and now holds 677 403 shares.
Øystein Klungland, COO, purchased 186 016 shares and now holds 677 403 shares.
Christopher Brunvoll, CFO, purchased 111 690 shares and now holds 387 791 shares.
Kristoffer Gregersen, Vice president Communications, Sustainability and Corporate strategy, purchased 85 155 shares and now holds 310 290 shares.
Line Lian Mjell, Vice president Market, purchased 79 293 shares and now holds 262 481 shares.

 
Share-saving programme (two year lock up period and 20 per cent discount)

Patrik Eriksson, director (elected by the employees), purchased 5 873 shares and now holds 16 649 shares.
Magnus Kristiansen, deputy director (elected by the employees), purchased 7 830 shares and now holds 40 431 shares.