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 2001 NOK 100, in year 2002 NOK 93, in year 2003 NOK 98, and it is NOK 120 this year. This year’s allotment has to be exercised by the end of 2007. The following persons are included in the option-part of the incentive program:
Number of options:
Schibsted ASA:
|
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)
|
|
Executive VP
|
Sverre Munck
|
15,000 (5,000 per year)
|
|
|
|
|
|
Aftenposten AS:
|
|
|
|
Managing director
|
Olav Mugaas
|
7,500 (2,500 per year)
|
|
Editor-in-Chief
|
Hans Erik Matre
|
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)
|
|
Head of Multimedia
|
Torry Pedersen
|
3,750 (1,250 per year)
|
|
|
|
|
|
Aftenposten AS:
|
|
|
|
Managing director
|
Gunnar Strömblad
|
7,500 (2,500 per year)
|
|
Editor-in-Chief
|
Lena K. Samuelsson
|
7,500 (2,500 per year)
|
Executive VP Sverre Munch has been awarded 15,000 options for each of the years 2002 and 2003 at the same strike prices as the other Executive VPs. The allotment is done in relation with finalization of employment at 20 Min Holding where incentives there are coordinated with incentives in The Schibsted Group.
Contact person:
Executive VP & CFO Trond Berger, mobile phone: +47 916 86 695
Oslo, August 12 2004
SCHIBSTED ASA
Gisle Glück Evensen
Investor Relations