In connection with the company's annual share savings
program, primary insiders in the company have subscribed for
the following monetary amounts:
-Karl Johnny Hersvik, CEO: NOK 200,000
-Øyvind Bratsberg, SVP Special projects: NOK 670,000
-Alexander Krane, CFO: NOK 600,000
-Ole Johan Molvig, SVP Reservoir, NOK 550,000
-Gro Gunleiksrud Haatvedt, SVP Exploration: NOK 400,000
-Bjørn Thore Riebesen, Board employee representative: NOK
388,036
-David Torvik Tønne, VP Corporate Controlling: NOK 400,000
-Ifor Sellevoll Roberts, Deputy Board employee
representative: NOK 389,500
-Jonas Gamre, VP Investor Relations: NOK 250,000
-Eldar Larsen, SVP Operations: NOK 200,000
-Anniken Maurseth, VP Legal: NOK 150,000
-Terje Solheim, Board employee representative: NOK 100,000
-Hans Lyng, Financial Reporting Manager: NOK 50,000
The shares in the program are offered at a 20 percent
discount and are subject to a three-year lock-up during
which employees will not be allowed to sell the shares. The
price for the shares, and consequently the number of shares
to be allocated, have not yet been set. In total, employees
subscribed for approximately NOK 93 million.