The long-term incentive program is a fixed, monetary compensation calculated as a portion of the participant's base salary; ranging from 20 – 30 per cent depending on the individual's position.
On behalf of the participant, the company acquires shares equivalent to the net annual amount.
The grant is subject to a three year lock-in period. Number of acquired shares and new total shareholding is listed in the table below. The trade has been made through DNB Markets.
Bacher, Lars Christian
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.