Orkla ASA: Mandatory notification of trade - options

On 5 September, in connection with Orkla's former management option programme, 35,000 options in Orkla-shares were exercised at a strike price of NOK 40.03 per share.

The transactions comprise primary insider Atle Vidar Nagel-Johansen, Executive Vice President and CEO Orkla Foods. Nagel-Johansen exercised 35,000 options at a strike price of NOK 40.03 per share, of which 30,800 shares were sold at a price of NOK 77.8845 per share. After this transaction, Nagel-Johansen and close associates own 21,681 shares and 35,000 options in Orkla.

After this transaction, the total number of options issued in Orkla shares under the management option programme is 1,145,000. Orkla owns 1,403,135 treasury shares.

Orkla ASA
Oslo, 6 September 2016


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

This information is subject of the disclosure requirements acc. to §5-12 vphl (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