WALLENIUS WILHELMSEN ASA Today,Wallenius Wilhelmsen transferred 163,998 shares to executives underWallenius Wilhelmsen's long-term incentive program ("LTI"). The purpose of the LTI program is to drive the growth and performance ofWallenius Wilhelmsen leading to long-term value creation and thus increased shareholder value. The value of the LTI program is directly linked to four elements: 1) Wallenius Wilhelmsen ROCE development 2) Wallenius Wilhelmsen Market Capitalization development 3)Wallenius Wilhelmsen's strategic success 4)Wallenius Wilhelmsen's sustainability achievementsWallenius Wilhelmsen holds 404,340 of its own shares after the transfer. The list below sets out the primary insiders that today have been allocatedWallenius Wilhelmsen shares under the LTI program: - Chief Financial Officer (CFO)Torbjørn Wist received 51,605 shares today, as described in the attached notification. Following the award, Wist holds 126,366 shares in the company. - EVP & COO Logistics ServicesMichael Hynekamp received 37,615 shares today, as described in the attached notification. Following the award, Hynekamp holds 137,147 shares in the company. - EVP & COO Shipping ServicesXavier Leroi received 15,881 shares today, as described in the attached notification. Following the award, Leroi holds 63,649 shares in the company. - President and CEO ARC,Eric Ebeling received 17,151 shares today, as described in the attached notification. Following the award, Ebeling holds 51,453 shares in the company. - Alternate Board MemberErik Nøklebye received 10,102 shares today, as described in the attached notification. This partial award is based on the period when Nøklebye was an executive in the company. Following the award, Nøklebye holds 10,102 shares in the company. For further information, please contact: Anders Redigh Karlsen - VP Investor Relations & Market Insight Tel: +47 994 20 293 Email: anders.karlsen@walwil.com AboutWallenius Wilhelmsen TheWallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo) shipping and vehicle logistics, managing the distribution of cars, trucks, rolling equipment and breakbulk to customers all over the world. The company operates around 125 vessels servicing 15 trade routes to six continents, a global inland distribution network, 66 processing centers and eight marine terminals. With a head office inOslo, Norway , theWallenius Wilhelmsen group has 9,500 employees working across 28 countries worldwide.
Click here for more information
© Oslo Bors ASA, source
