The long-term incentive programme 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 to the net annual amount. The grant is subject to a three-year lock-in period.
Number of acquired shares and new total shareholding:
Pål Eitrheim, executive vice president
Shares allocated to primary insider: 784
New shareholding primary insider: 13,302
New total shareholding: 13,302
The trade has been made through DNB Markets.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act