Selvaag Bolig ASA: Notifiable trades for primary insiders

The following primary insiders acquired a total of 580 050 Selvaag Bolig shares and sold a total of 17 000 Selvaag Bolig shares on 15 February.

The trades were in accord with the company's share purchase and share saving programmes.

The shares had a purchase price of NOK 34.76 and NOK 40.10 per share respectively. The employees were given a compensation on the purchase price of 30 and 20 per cent respectively for the decrease in share value resulting from the lock-up periods of 3 and 2 years respectively.

The price for the shares sold was NOK 39.70 per share.

The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 521 319 treasury shares.

Number of shares:

  Original holding Share purchase programme Share saving programme Sold  New holding
Baard Schumann, CEO211 230268 1481 5590480 937
Sverre Molvik, CFO87 390 82 1911 559-17 000154 140
Halvard Kverne,
vice president portfolio management
70 39082 1911 5590154 140
Øystein Klungland,
vice president portfolio management
67 83982 19100150 030
Kristoffer Gregersen,
vice president communications
19 51149 3151 559070 385
Petter Cedell,
vice president property investment
6 3098 2191 559016 087

Further information from 
Sverre Molvik, CFO, Selvaag Bolig ASA
Telephone: +47 401 00 585, e-mail:

Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig represents a continuation of Selvaag's 60-year history and experience, and offers a broad variety of property types marketed under the brand names Start, Hjem and Pluss. The company is headquartered at Ullern in Oslo.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.


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Source: Selvaag Bolig ASA via GlobeNewswire