DNO ASA: Notification - Holding of Synthetic Shares
Oslo, 5 May 2016 - DNO ASA ("DNO") announces that on 5 May 2016 the following primary insiders have acquired synthetic shares in DNO under the Employee Share Saving Scheme (the "Scheme") at a price of NOK 6.042 per synthetic share based on the closing price on 4 May 2016:
| Name | Title | Synthetic shares Purchased | Total no of sold/settled synthetic shares | Total holding of synthetic shares |
| Claes Åbyholm | General Counsel | 1 505 | - | 11 267 |
| Haakon Sandborg | Chief Financial Officer | 2 482 | - | 39 706 |
| James Edens | Commercial Director | 3 082 | - | 3 082 |
| Jeroen Regtien | Chief Operating Officer | 7 070 | - | 43 891 |
| Scott North | General Manager Yemen | 6 589 | - | 66 872 |
| Steven van Rossem | General Manager Oman | 3 561 | - | 22 617 |
Note that the total holding of synthetic shares in the Scheme is affected by bonuses awarded as contribution to the Scheme and matching synthetic shares.
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Oslo, 5, May 2016
DNO ASA
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: DNO ASA via GlobeNewswire
HUG#2010104