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Rieber & Søn ASA | (04/12/2009 11:35:37)

Rieber & Søn ASA RIE - SALE OF OWN SHARES TO EMPLOYEES/REPORTABLE TRANSACTIONS
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In November 2009 Rieber & Søn ASA gave the Group's employees the offer of purchasing shares in Rieber & Søn ASA. A new feature of this year's programme was that all the Group's employees received the offer of purchasing shares in Rieber & Søn ASA.
 
Employees had the option of purchasing shares in five different amount categories, with the market value varying from NOK 1 500 to NOK 30 000. Employees were entitled to a rebate of 20%.
 
The result of the share programme shows that 357 of the employees availed themselves of the offer and bought shares at a price of NOK 42,48 (volume-weighted price on the Oslo Stock Exchange during the offer period).
 
In connection with the Group's programme to sell shares to employees, Rieber & Søn ASA has today sold a total of 116 141 of its own shares at the stated price. Following this sale, Rieber & Søn ASA owns 1 019 170 of its own shares.
 
Enclosed is a list of employees with a reporting requirement who have taken up the share offer and have purchased shares, along with a statement of each employee's new shareholding in Rieber & Søn:

 
 
Bergen, 4 December 2009
Rieber & Søn ASA
 
Contact person:
Geir Mikalsen, Director of Communications                     Tel.: (+47) 90 62 08 51.
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.