Exercise of employee share options in Kongsberg Automotive ASA ("the Company").
Employees in Kongsberg Automotive Group have on 16 November 2015 exercised 437 032 options. Each share option corresponds to one share. The underlying shares have been provided by sale of the Company’s holding of treasury shares. Subsequent to the transaction Kongsberg Automotive ASA holds 4 200 428 own shares. There will be no share capital increase due to the exercise of share options.
Media:
Trond Stabekk, CFO
Phone: +47 32 86 86 18; Mobile: +47 982 14 054
Investors / analysts:
Philippe Toth, SVP Business Development & IR
Phone: +47 32 77 05 03; Mobile: +47 982 14 021
About Kongsberg Automotive:
Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of close to EUR 1.0 billion and approximately 10.000 employees in 18 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 31 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers. Find more information at www.kongsbergautomotive.com.
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