In accordance with the authorisation granted by the AGM on
The purpose of the share-based incentive scheme (RSUP) is to encourage employees to maintain a deep, long-term engagement in the company, through a further alignment of the employees' interests with those of other shareholders. Under the RSUP, participating individuals will be awarded shares to motivate them to contribute to the continued success and profitability of the company, as well as deliver outstanding results. The RSUP will also enhance
Under the RSUP, participants will receive, free of charge, Restricted Share Units (RSUs), which, if certain predefined performance criteria are met within an accrual period, will be released and transferred to them as shares. The RSUP comprises three accrual periods of one, two and three calendar years respectively, with 2019 being the first year. Each accrual period encompasses 1/3 of the total number of RSUs included in the scheme. One RSU gives a contingent entitlement to one share.
The following criteria determine the award of RSUs during each of the three accrual periods:
- Award of 1/3 of the RSUs is independent of any performance criteria
- Award of 1/3 of the RSUs depends on
- Award of 1/3 of the RSUs depends on
Accrual of RSUs under the scheme presumes that the individual is an employee of
The RSUP goes into effect on
Restricted share units granted primary insiders
Tonette Bjørgård has received 1 348 RSUs in the Company
Ulrik Steinvik has received 1 978 RSUs in the Company
Trine Sæther Romuld has received 3 010 RSUs in the Company
New holdings:
After completion of the abovementioned grant
After completion of the abovementioned grant
After completion of the abovementioned grant Tonette Bjørgård holds 3 327 RSUs in the Company. As of today the primary insider holds 5 274 shares in the Company.
After completion of the abovementioned grant
After completion of the abovementioned grant
After completion of the abovementioned grant
After completion of the abovementioned grant Ulrik Steinvik* holds 4 880 RSUs in the Company. As of today the primary insider holds 15 751 shares in the Company.
After completion of the abovementioned grant Trine Sæther Romuld holds 3 010 RSUs in the Company. As of today the primary insider holds 2 300 shares in the Company.
After completion of the abovementioned grant
*Shares are owned directly and indirectly through related parties.
For more information, please contact:
CFO & COO Trine Sæther Romuld,
Tel: + 47 991 63 632
Email: trine.romuld@salmar.no
Website: www.salmar.no
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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