Orkla ASA: Mandatory notification of trade - options

On 22 February, in connection with Orkla's former management option programme, 50,000 options in Orkla-shares were exercised at a strike price of NOK 40.03 per share.

The transactions comprise primary insider Håkon Mageli, Group Director, Corporate Communications and Corporate Affairs. Mageli exercised 50,000 options at a strike price of NOK 40.03 per share, of which 50,000 shares were sold at a price of NOK 75.6794 per share. After this transaction, Mageli and close associates own 76,001 shares and no options in Orkla.

After this transaction, the total number of options issued in Orkla shares under the management option programme is 825,000. Orkla owns 1,983,135 treasury shares.

Orkla ASA
Oslo, 23 February 2017


Investor Relations
Elise Heidenreich
Tel.: +47 951 41 147

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

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Orkla ASA via GlobeNewswire