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Aker Solutions ASA: Mandatory notification of trade

Thu, 4 Oct 2012 12:33:49 EST

On 3 October 2012 Aker Solutions ASA transferred a total of 1,280 own shares to qualifying employees under the company's share purchase programmes for 2010 and 2012.

A total of 891 shares were awarded as bonus shares under the 2010 programme at a share price of NOK 111.62. For further details on the 2010 employee share programme and award of bonus shares, please see the announcements of 20 January 2010 and 17 September 2012.

A total of 389 shares were sold at a share price of NOK 77.16 under the 2012 programme. For information on the 2012 employee share programme, please see the announcement of 26 June 2012.

Following the transactions, Aker Solutions ASA holds a total of 3,492,926 own shares.


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Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.

Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 25 000 people in more than 30 countries. They apply the knowledge and create and use technologies that deliver their customers' solutions.

Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 billion. The company is listed on the Oslo Stock Exchange.

This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.

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


Source: WebWire



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