1. Employees in Kongsberg Automotive Group have exercised 1,663,978 options.
Each share option corresponds to one share. The underlying shares have been
provided by sale of the Company's holding of treasury shares. Subsequent to the
transaction, Kongsberg Automotive ASA holds 95,848 own shares. There will be no
share capital increase due to the exercise of share options.
2. Options exercised by primary insiders 15 September 2017:
The primary insiders mentioned below have exercised the following number of
options in the Company, each option corresponding to one share, at the indicated
strike price:
Issued in 2016 2015 2014 2013 2012 2011 2009 2008
Strike price, NOK 6.20 5.90 5.80 1.50 2.00 4.50 3.00 20.00
Expiry year 2023 2022 2021 2020 2019 2018 2019 2018
Anders Nyström 125,000
David Redfearn 13,334
3.Transfer of rights
On 15 September 2017, the primary insiders mentioned below transferred their
rights to receive shares resulting from the exercise of options to a third
party.
The compensation for the transferred rights was determined by the price
subsequently obtained by the third party when selling the shares in the market.
The selling price was NOK 8.9959 per share.
Anders Nyström
David Redfearn
4. New holding
After exercising options, the primary insiders mentioned in paragraph 2 hold the
following number of unexercised options in the Company, each option
corresponding to one share, at the indicated strike price:
Issued in 2016 2015 2014 2013 2012 2011 2009 2008
Strike price, NOK 6.20 5.90 5.80 1.50 2.00 4.50 3.00 20.00
Expiry year 2023 2022 2021 2020 2019 2018 2019 2018
Anders Nyström 125,000 125,000 125,000 0
David Redfearn 125,000 50,000 50,000 33,334 0 12,361
After completion of the above mentioned transactions, the primary insiders hold
the following number of shares in the Company:
Anders Nyström 65,000
David Redfearn 43,765
Investors/analysts:
Norbert Loers, Chief Financial Officer; mobile: +41 79 159 68 16
Kongsberg Automotive provides world class products to the global vehicle
industry. Our products enhance the driving experience, making it safer, more
comfortable and sustainable. With revenues of around EUR 1.0 billion and 10.000
employees in 19 countries, Kongsberg Automotive is truly a global supplier. The
company is headquartered in Switzerland and has 28 production facilities
worldwide. The product portfolio includes seat comfort systems, driver and
motion control systems, fluid assemblies, and industrial driver interface
products developed for global vehicle manufacturers. Find more information at
www.kongsbergautomotive.com