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Arendals Fossekompani executives boost stake in long-term incentive plan

September 4, 2025 at 02:01 PM UTCBy FilingReader AI

Arendals Fossekompani ASA (AFK) has executed its long-term incentive plan by selling a total of 20,761 shares to five members of its executive management team. The shares were sold at a uniform price of NOK 139.40 per share, reflecting the AFK share price on the first trading day of 2025, adjusted for dividends paid out during the period. These acquired shares are subject to a lock-up period until January 1, 2028.

Among the executives, Fensli Invest AS, a related company to Lars Peder Fensli, acquired 3,776 shares for a total of NOK 526,374.40. Ettestøl AS, related to Ingunn Ettestøl, purchased 2,497 shares for NOK 348,081.80. ATH Invest AS, linked to Håkon Tanem, executive vice president, bought 3,497 shares amounting to NOK 487,481.80.

Further participants include Damgløtt AS, associated with Ann-Kari Amundsen, which acquired 2,657 shares for NOK 370,385.80. Golding Invest AS, related to Benjamin Golding, secured the largest block with 5,594 shares, totaling NOK 779,803.60. Additionally, Loma Plata AS, associated with Torkil Mogstad, acquired 2,740 shares for NOK 381,956.00.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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