NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL
With reference to the final result of the Rights Issue in Kongsberg Gruppen ASA (the "Company") which was announced earlier today, the following primary insiders, including their close associates, have been allocated offer shares at a subscription price of NOK 83.30 in accordance with allocation principles set out in the prospectus dated 6 November 2018:
Mocca Invest AS, 100% owned by Eivind K. Reiten, Chairman of the Board, has been allocated 950 offer shares, corresponding to the number of subscription rights which was allocated to Mocca Invest AS. Following the issuance of the new shares in the Rights Issue, Mocca Invest AS will own 2,850 shares in the Company.
Morten Henriksen, Board member, has been allocated 1,027 offer shares, of which 1,000 is based on the number of subscription rights allocated to him and 27 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Henriksen will own 3,027 shares in the Company.
Kold Invest AS, 50% owned by Martha Kold Bakkevig, Board member, has been allocated 719 offer shares, of which 700 is based on subscription rights allocated to Kold Invest AS and 19 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Kold Invest AS will own 2,119 shares in the Company.
Elisabeth Fossan, Board member, has been allocated 1,664 offer shares, of which 1,620 is based on subscription rights allocated to her and 44 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Fossan will own 4,904 shares in the Company.
Harald Aarø, Group Executive Vice President Business Development & CSO, has been allocated 2,606 offer shares, of which 2,537 is based on subscription rights allocated to him and 69 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Aarø will own 7,681 shares in the Company.
Hans Petter Blokkum, Group Executive Vice President and Chief Human Resources Officer, has been allocated 539 offer shares, of which 525 is based on subscription rights allocated to him and 14 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Blokkum and his close associates will own 1,999 shares in the Company.
Egil Haugsdal, President in Kongsberg Maritime and member of KONGSBERG's corporate management team, has been allocated 10,465 offer shares, of which 10,185 is based on subscription rights allocated to him and 280 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Haugsdal will own 30,836 shares in the Company.
Per Håvard Siljan Hjukse, Group Vice President Finance & Treasurer, has been allocated 537 offer shares, of which 523 is based on subscription rights allocated to him based and 14 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Hjukse will own 1,584 shares in the Company.
Jan Erik Hoff, Group Vice President Investor Relations, has been allocated 2,473 offer shares, of which 2,407 is based on subscription rights allocated to him and 66 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Hoff will own 7,288 shares in the Company.
Geir Håøy, President and CEO, has been allocated 8,158 offer shares, of which 7,940 is based on subscription rights allocated to him and 218 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Håøy will own 24,040 shares in the Company.
Gyrid Skalleberg Ingerø, Group Executive Vice President and CFO, has been allocated 2,256 offer shares, of which 2,196 is based on subscription rights allocated to her and 60 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Ingerø will own 9,649 shares in the Company.
Eirik Lie, President in Kongsberg Defence & Aerospace and member of KONGSBERG's corporate management team, has been allocated 1,964 offer shares, of which 1,912 is based on subscription rights allocated to him and 52 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Lie will own 5,788 shares in the Company.
Ronny Lie, Group Vice President Corporate Communication, has been allocated 653 offer shares, of which 636 is based on subscription rights allocated to him and 17 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Lie will own 1,925 shares in the Company.
Bjarte S. Petersen, Group Vice President Corporate Accounting & Reporting, has been allocated 209 offer shares, of which 204 is based on subscription rights allocated to him and 5 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Petersen will own 618 shares in the Company.
Hege Skryseth, President in Kongsberg Digital and member of KONGSBERG's corporate management team, has been allocated 3,324 offer shares, of which 3,236 is based on subscription rights allocated to her and 88 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Skryseth will own 9,797 shares in the Company.
Even Aas, Group Executive Vice President Public Affairs, has been allocated 6,164 offer shares of which 5,999 is based on subscription rights allocated to him and 165 is based on over-subscription. Following the issuance of the new shares in the Rights Issue, Aas will own 23,958 shares in the Company.
Eva Smedsrud Johansen, Personal Assistant to CEO, has been allocated 400 offer shares based on allocated subscription rights. Following the issuance of the new shares in the Rights Issue, Johansen will own 4,053 shares in the Company.
This information is subject to disclosure requirements pursuant to section 4-2 of the Norwegian Securities Trading Act.
This announcement may not be distributed or sent into the United States or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. These materials are not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. The Company does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.