Today, 20 June 2021, Kongsberg Gruppen ASA has started the transfer of 858 110 own shares at price NOK 352.49 per share in conjunction with a share program for employees. The shares are purchased in the market from 25th of March 2022 to 7th of June 2022 and the share price corresponds to the average purchase price adjusted for dividends. The participants receive 25 % discount on the purchase price. The discount from market price is subject to taxation. A total of 4,363 employees participated in the program. The maximum number of shares per employee was 277. There is a lock-in period of one year for the shares.
This notification and attached document provide an overview of primary insiders who have purchased shares through the program.
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Shares in the company have been transferred to the following primary insiders on 20 June 2022:
Geir Håøy has purchased 277 shares
Egil Haugsdal has purchased 277 shares
Eirik Lie has purchased 277 shares
Gyrid Skalleberg Ingerø has purchased 277 shares
Iver Christian Olerud has purchased 133 shares
Hans Petter Blokkum has purchased 277 shares
Even Aas has purchased 277 shares
Christian Karde has purchased 277 shares
Oda Linn Almo Ellingsen has purchased 277 shares
Vegard Ryen Skullerud has purchased 277 shares
Kjersti Rød has purchased 277 shares
Ivar-Andre Flakstad Ihle has purchased 133 shares
Sverre Thorsø has purchased 133 shares
Gry Pedersen Solberg has purchased 89 shares
Helge Lintvedt has purchased 277 shares
Berit Floor Lund has purchased 277 shares
After these transactions the new holdings are:
Geir Håøy 44 352 shares
Egil Haugsdal 40 831 shares
Eirik Lie 15 722 shares
Gyrid Skalleberg Ingerø 21 116 shares
Iver Christian Olerud 7 146 shares
Hans Petter Blokkum 9 924 shares
Even Aas 30 476 shares
Christian Karde 3 666 shares
Oda Linn Almo Ellingsen 1 350 shares
Vegard Ryen Skullerud 2 287 shares
Kjersti Rød 1 953 shares
Ivar-Andre Flakstad Ihle 952 shares
Sverre Thorsø 367 shares
Gry Pedersen Solberg 544 shares
Helge Lintvedt 277 shares
Berit Floor Lund 3 050 shares
After this transaction, Kongsberg Gruppen ASA owns 798 727 own shares, corresponding to 0.45 % of KONGSBERG’s share capital. Out of these 760 125 shares are related to the buy-back of shares for cancelation where the cancelation of shares was approved by the General Meeting on 11 May 2021.
This information is subject to the disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act and requirements under the EU Market Abuse Regulation.
KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 27.4bn in 2021.
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