Continuation of incentive program

SCH , Published 28/06/2002 09:48:33

Today options in the Schibsted share have been issued to cover part three of the three-year rolling options program targeted at key persons within Schibsted.  
 
The exercise price was in year 2000 NOK 185, in year 2001 NOK 100 and it is this year NOK 93.  This year’s allotment has to be exercised within the end of 2005.  The following persons are included in the option-part of the incentive program:
 

 
Schibsted ASA –
Group Management:
Number of options:
 
 
 
CEO
Kjell Aamot
30,000 (10,000 per year)
Executive VP & CFO
Trond Berger
15,000  (5,000 per year)
Executive VP
Jan Erik Knarbakk
15,000  (5,000 per year)
Executive VP
Birger Magnus
15,000  (5,000 per year)
 
 
 
Aftenposten AS:
 
 
Managing director
Olav Mugaas
7,500  (2,500 per year)
Editor-in-Chief
Einar Hanseid
7,500  (2,500 per year)
 
 
 
Verdens Gang AS:
 
 
Managing director
Aslak Ona
7,500  (2,500 per year)
Editor-in-Chief
Bernt Olufsen
7,500  (2,500 per year)