Notification of Trade

by polarcus on 29-Sep-09 22:10

Reference is made to the stock exchange notice on 28 September 2009 regarding successful completion of the initial public offering. The following primary insiders have subscribed for and been allocated shares in the offering, all at a subscription price of NOK 4.50 per share:

 

Chairman of the Board Peter Rigg has been allocated 74,000 shares. Total holding after the transaction is 199,000 shares.

 

Board member Carl Gustav Zickerman (through his wholly owned company Zickerman Holding Ltd) has been allocated 3,876,000 shares. Total holding after the transaction is 30,356,616 shares. In addition he holds 10,000,000 warrants.

 

Board member and EVP & Head of Strategic Investments Carl Peter Zickerman (through his wholly owned company Zickerman Group Ltd) has been allocated 3,876,000 shares. Total holding after the transaction is 19,919,059 shares. In addition he holds 190,000 options and 7,500,000 warrants.

 

Board member Tore Karlsson (through his wholly owned company Kepelia Enterprises Ltd) has been allocated 74,000 shares. Total holding after the transaction is 349,000 shares.

 

Board member Katherine Hall has been allocated 50,000 shares. Total holding after the transaction is 300,000 shares.

 

Board member Jogeir Romestrand (through his wholly owned company Rome AS) has been allocated 444,000 shares. Total holding after the transaction is 444,000 shares.

 

CEO Rolf Rønningen has been allocated 133,000 shares. Total holding after the transaction is 633,000 shares. In addition he holds 290,000 options and 375,000 warrants.

 

CFO Tom Henrik Sundby has been allocated 50,000 shares. Total holding after the transaction is 225,000 shares. In addition he holds 190,000 options and 175,000 warrants.

 

Stein Egil Arnesen, closely related to General Counsel Eirin M. Inderberg, has been allocated 40,000 shares. Eirin M. Inderberg, together with closely related parties, holds after the transaction 540,000 shares. In addition she holds 190,000 options and 500,000 warrants.

 

SVP Business Development & Multi Client Christian Fenwick has been allocated 18,000 shares. Total holding after the transaction is 318,000 shares. In addition he holds 190,000 options and 225,000 warrants.

 

SVP Human Resources Paul Lionel Hanna has been allocated 74,000 shares. Total holding after the transaction is 574,000 shares. In addition he holds 190,000 options and 375,000 warrants.