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 shares at an average price NOK 155,03 through the Oslo Stock Exchange. The transaction took place Friday the 5th of November.
After the transaction Schibsted holds 1,320,470 own shares.
|
|
Shares before
call
|
Shares
called
|
Shares
sold
|
Shares after
sale
|
|
Kjell Aamot
|
12 705
|
30 000
|
25 000
|
17 705
|
|
Sverre Munck
|
2 452
|
15 000
|
14 000
|
3 452
|
|
Aslak Ona
|
4 155
|
7 500
|
7 500
|
4 155
|
|
Bernt Olufsen
|
6 591
|
7 500
|
7 500
|
6 591
|
Oslo, 8 November 2004
SCHIBSTED ASA
Catharina Thorenfeldt
VP Investor Relations