OSLO, NORWAY--(Marketwire -04/30/12)- Norsk Hydro ASA's employees have purchased sharesunder a general arrangementoffered to the employees of Norsk Hydro ASA each year.
All employees in Norway have been offered to purchase shares valued at NOK10,000 with a 25 percent discount. 81 percent of the employees entitled to theoffer have subscribed, and have each been allocated 300 shares at NOK 24.94pershare. The total number of shares allocated and transferred on April 30, 2012is981,000.
Norsk Hydro ASA holds 31,558,257 own shares after this transaction and thenumber of outstanding shares is 2,037,440,019.
The following primary insiders have under the above mentioned scheme eachpurchased 300 shares:
- President and CEO Svein Richard Brandtzæg, new holding is 63,147 shares
- Executive Vice President Jørgen C. Arentz Rostrup, new holding is23,202Shares
- Executive Vice President Hilde Merete Aasheim, new holding is 11,412 shares
- Executive Vice President Kjetil Ebbesberg, new holding is 8,333 shares
- Executive Vice President Johnny Undeli, new holding is 13,432 shares
- Executive Vice President Tom Røtjer, new holding is 30,146 shares
- Executive Vice President Arvid Moss, new holding is 76,257 shares
- Executive Vice President Wenche Agerup, new holding is 20,937 shares
- Employee representative to the Board of Directors Billy Fredagsvik, newholding is 2,459 shares
- Employee representative to the Board of Directors Jørn B. Lilleby, newholdingis 2,374 shares
- Employee representative to the Board of Directors Sten Roar Martinsen, newholding is 3,515 shares
- Company Secretary Hans Martin Heikvam, new holding is 3,748 shares
This information is subject of the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.
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Source: Norsk Hydro via Thomson Reuters ONE[HUG#1606783]
- Norsk Hydro ASA
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