CFO exercises stock options
[First published: Friday 30 June 2006 10:26:35 am]
International Maritime Exchange ASA's Chief Financial Officer, Arild Jęger, has exercised options pursuant to the company's employee incentive programme to purchase 2,500 shares at a price of NOK 44.33 each.
He subsequently owns 2,500 shares in the company directly or indirectly.
Options for altogether 145,000 shares may be exercised by employees of the Imarex group in the period from 15 to 30 June 2006.
Due to the internal restructuring of the group in connection with the merger with NOS ASA, the company is not able to issue new shares until these transactions have been completed.
The company's 58,500 treasury shares will therefore be sold to the employees pursuant to the options programme and the remaining options will be settled with a cash payment based on the average closing price of the Imarex share on 13, 14, 15, 16 and 19 June, which was NOK 85.50.
For additional information, please contact Arild Jęger on telephone +47 23 89 42 11
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