In accordance with the option program for the top management at Schibsted 60,000 shares have been called. Schibsted has sold shares from the stock of own shares. The options were awarded in 2001 and the strike is at NOK 100. The shares have been sold from Schibsted at 100, and management has sold these shares at an average price NOK 141.17 through the Oslo Stock Exchange. The transaction took place Friday the 5th of March.
After the transaction Schibsted holds 1,430,518 own shares.
|
|
Shares before call
|
Shares called
|
Shares sold
|
Shares after sale
|
|
Trond Berger
|
5,465
|
15,000
|
15,000
|
5,465
|
|
Einar Hanseid
|
2,499
|
7,500
|
7,500
|
2,499
|
|
Jan Erik Knarbakk
|
4,479
|
15,000
|
15,000
|
4,479
|
|
Birger Magnus
|
9,002
|
15,000
|
15,000
|
9,002
|
|
Olav Mugaas
|
1,466
|
7,500
|
7,500
|
1,466
|
Oslo, 8 March 2004
SCHIBSTED ASA
Stein Yndestad
VP Investor Relations