Reference is made to the 2020 Annual General Meeting (AGM) approving that part of the Directors remuneration should be paid in shares in the Company. As approved by the Annual General Meeting, the share-based part of the compensation for 2020 is paid after the AGM in 2021, and the number of shares is based on the amount due in NOK (NOK 75.000 for ordinary board members and NOK 250.000 to the chair) divided by the share price at closing on the day of the AGM 2021.
Based on the closing price on April 20th, 2021 of NOK 177.10, a total of 3,953 shares have been transferred to the Board Members. Please see attached notifications for persons discharging managerial responsibilities in Nordic Semiconductor ASA in accordance with Regulation EU 596/2014 (MAR) article 19. The underlying shares have been provided by transfer of the Company’s holding of treasury shares.
Subsequent to the transaction Nordic Semiconductor holds a total of 1,819,034 treasury shares.
Birger Steen, Chair of the Board, was allocated 1,412 shares. Following the allocation, Birger owns a total of 182,643 shares in Nordic Semiconductor ASA.
Inger Berg Ørstavik, Board Member, was allocated 423 shares. Following the allocation, Inger owns a total of 3,854 shares in Nordic Semiconductor ASA.
Jan Frykhammar, Board Member, was allocated 423 shares. Following the allocation, Jan owns a total of 22,854 shares in Nordic Semiconductor ASA.
Anita Huun, Board Member, was allocated 423 shares. Following the allocation, Anita owns a total of 11,854 shares in Nordic Semiconductor ASA.
Endre Holen, Board Member, was allocated 423 shares. Following the allocation, Endre owns a total of 153,484 shares in Nordic Semiconductor ASA.
Øyvind Birkenes, Board Member, was allocated 423 shares. Following the allocation, Øyvind owns a total of 9,196 shares in Nordic Semiconductor ASA.
Annastiina Hintsa, Board Member, was allocated 423 shares. Following the allocation, Annastiina owns a total of 2,854 shares in Nordic Semiconductor ASA.
For further information, please contact:
Pål Elstad, CFO +47 99 166 293
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5 -12.