The employees of Sparebanken Vest have committed to purchasing equity certificates as part of the bank’s savings program (“SVEG-program”). The price is set based on market prices in the subscription period.
In the SVEG-program, Sparebanken Vest has received subscriptions for equity certificates corresponding to a value of NOK 28,247,500, including subscriptions by primary insiders. The equity certificates will be sold to the employee at a discount and a minimum 36 month lock-up obligation.
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Allocation will take place on or around 6th of December 2023. Allocation will be from the bank’s own holding of equity certificates. The attached list shows amounts subscribed for by primary insiders.
Bergen, 2 November 2023
Sparebanken Vest
For further information, contact:
CFO, Frank Johannesen, tel.: +47 952 65 971 and e-mail: frank.johannesen@spv.no
Director Finance & Investor Relations, Brede Borgen Kristiansen, tel.: +47 479 06 402 and e-mail: brede.kristiansen@spv.no
This information is subject to disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act, cf. Section 4-2.
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