In accordance with the AGM 6 May 2020 the Board of Directors of
Veidekke ASA offered 1 036 Veidekke employees a total of 1,349,562 new share options. 494 employees accepted the offer and are now enrolled in the share option program. Following this enrolment process 878,500 new share options were awarded.
To participate the participants must pay 1 NOK per option.
The strike price for the options awarded on 14 May 2020 is NOK 90.36.
The options will vest over one (25% of the options), two (25% of the options) and three (50% of the options) years from grant. All unexercised options will lapse five years after grant.
The options are non-tradable and conditional upon the option holder being employed by the Company and not having resigned prior to the vesting date.
Shares acquired through the program will have a sales restriction on one year after exercise.
The following primary insiders have been awarded options under the share option program of 2020:
Executive Vice President Mats Arne Nyström
Options awarded: 2,000. Total options held: 3,000
Shares held: 20,000
Executive Vice President Hans Olav Sørlie
Options awarded: 2,000. Total options held: 3,000
Shares held: 71,090
Executive Vice President Catharina Bjerke
Options awarded: 2,000. Total options held: 3,000
Shares held: 7,085
Executive Vice President Anne Thorbjørnsen
Options awarded: 2,000.Total options held: 3,000
Shares held: 29,355
For further information, please contact: Jørgen G. Michelet, Head of Investor Relations, +47 917 43 856, jorgen.michelet@veidekke.no
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.