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2016-03-30

Grieg Seafood ASA: Mandatory Notification of Trade - Synthetic Share Options

Primary insider Alexander Knudsen, regional director in Grieg Seafood Rogaland AS, has redeemed 100,000 synthetic share options in Grieg Seafood ASA at a redemption rate of NOK 24.61. The settlement is paid in cash. The synthetic share option program beneficiary is obliged to re-invest 50% of his proceeds from the program in Grieg Seafood ASA shares. This obligation is enforced until the beneficiary owns 100% of his gross annual salary. At the redemption date Alexander Knudsen has fulfilled his purchase obligations. Alexander Knudsen has after this 200,000 synthetic share options available in Grieg Seafood ASA.
Alexander Knudsen is part of Grieg Seafood ASA's synthetic share option program, and in this connection he has an obligation to hold shares in Grieg Seafood ASA.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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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: Grieg Seafood ASA via Globenewswire

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