Pursuant to Odfjell's Employee Share Purchasing Program ("ESPP"), approved by
the Annual General Meeting on May 7, 2024, the third subscription period was
completed on September 5, 2025.
The ESPP offers Odfjell's employees in Norway to purchase a limited number of
shares twice a year at a price adjustment in relation to the stock exchange
price. The shares will have a two-year lock-in period, and the price adjustment
will reflect the value of the lock-in period. The purchase price paid is NOK
97.48 for class A shares and NOK 95.68 for class B shares. The price corresponds
to the volume-weighted average price on the Oslo Stock Exchange in the ten
trading days during the subscription period from August 25, 2025 to September 5,
2025. To facilitate shares acquired as part of the ESPP, Odfjell has today sold
8,405 Class A-shares (treasury shares) and 3,971 Class B-shares (treasury
shares) to the eligible participants. The below listed primary insiders have
acquired shares in connection with the ESPP, and have after this, the following
number of shares in Odfjell:
Name and Shares acquired Total number of shares held in the company
title
Harald 615 Class A shares 102,606 Class A shares
Fotland, 4,000 Class B shares
CEO
Terje 627 Class B shares 68,793 Class A shares
Iversen, 1,844 Class B shares
CFO
Bjørn 615 Class A shares 37,645 Class A shares
Hammer,
CCO
Øistein 627 Class B shares 62,576 Class A shares
Jensen, 627 Class B shares
CSO
Adrian 615 Class A shares 21,433 Class A shares
Lenning,
MD
Terminals
Nils 615 Class A shares 1,809 Class A shares
Jørgen
Selvik,
VP
Finance &
IR
IR Contact:
Nils Jørgen Selvik, VP Finance & IR
Tel: +47 920 39 718
E-mail: nils.jorgen.selvik@odfjell.com
The Odfjell Group is one of the leading players in the global market for
seaborne transportation and storage of chemicals and other specialty bulk
liquids. The Odfjell fleet comprises of approx. 70 ships, which trade both
globally and regionally. The tank terminal division consists of four tank
terminals and is part of a network of another 10 tank terminals partly owned by
related parties. The tank terminals are strategically located at selected
international shipping hubs. The Odfjell Group's headquarters are in Bergen,
Norway, and the Group has offices in 13 locations around the world. Odfjell
employs around 2300 staff and posted annual gross revenue of USD 1249 million in
2024. Read more on Odfjell.com (https://www.odfjell.com/).
This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act.