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.
| Name | Purchased |
New shareholding |
| Bacher, Lars Christian |
223 |
13,375 |
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.