2 099 Veidekke employees purchased a total of 1 029 250 shares in the company’s annual employee share scheme. More than 10% of the shares in the company are currently owned by Veidekke employees.
“Employees’ co-ownership is a long-standing tradition in Veidekke. The annual offer to buy shares at a discount provides all Veidekke employees with an opportunity to take part in the group's value creation in the form of dividends and increased share value. Veidekke believes that employees’ share ownership creates added value, by fostering commercial awareness and helping to bring the group together around strategic directions and common goals,” says Jimmy Bengtsson, Group CEO of Veidekke.
A total of 2 099 participants in the Company's share program for all employees have on February 21st 2025 subscribed for 1 029 250 shares.
The purchase price is equal to the volume-weighted average share price on the Oslo Stock Exchange in the subscription period, with a deduction for a discount. Discount for Swedish employees is 25% which gives a purchase price of 109.97 NOK per share. For the Norwegian and the Danish employee`s the discount is 20%, which gives a purchase price of 117.30 NOK per share.
The shares are subject to a two-year lock-in period.
A total of 1 816 participants purchased 944 550 shares at NOK 117.30 per share.
A total of 283 participants purchased 84 700 shares at a price of NOK 109.97 per share.
The shares will be transferred March 2025.
The purchases of primary insiders, as well as new holdings, are attached to this report.
Exercise of employee share options in Veidekke ASA
A total of 41 participants in the Company's share option program have on February 21st 2025 exercised a total of 25 125 options at a strike price of NOK 39.46.
A total of 192 participants in the Company's share option program have on February 21st 2025 exercised a total of 100 575 options at a strike price of NOK 99.36. Shares acquired through the program have a sales restriction on one year after exercise date.
Following the exercise, the employees will purchase 125 700 shares. These shares will be transferred in March.
The purchases of primary insiders, as well as new holdings, are attached to this report.
For further information, please contact: Jørgen Wiese Porsmyr, CFO, +47 907 59
058, jorgen-wiese.porsmyr@veidekke.no
This information is subject to disclosure requirements set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act Section 5-12.
| Title | File type |
| Share purchases by primary insiders February 2025 |