Shares purchased by employees in 2009

23.11.2009 08:56

5,720 employees of Veidekke have received offers to purchase between 50 and 2,000 Veidekke shares. 1,785 employees made use of the offer and purchased a total of 1.51 million shares. The purchase price was set at NOK 38.1, which represents the average price in the subscription period 6 - 20 November 2009, less a 20 % discount. The shares are subject to a two-year lock-in period. For years, Veidekke has worked to promote employee co-ownership in the company. This year interest has been considerable, and 1,785 purchasers represent 31% of the employees in the Group. Corresponding figures for 2008 and 2007 were 34% and 28%, respectively. The purchases of primary insiders, as well as new holdings, are attached to this report. Contact persons: Assistant Financial Director Christopher M. Bjerke, tel. +47 21 05 80 13 / +47 99 58 18 02, christopher.bjerke@veidekke.no Communications Director Kai Krüger Henriksen, tel. +47 21 05 77 04 / +47 90 51 93 60, kai.henriksen@veidekke.no This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.