Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | OB Match |
Sektor | Industri |
Industri | Industriprodukter |
2020-05-04 14:15:06
4 May 2020 - Under Kvaerner's variable pay programme for executives for 2019, 50 percent of the earnings is deferred for three years and paid-out along with a restricted share programme element provided the executive is employed by the company at the time of payment. The share programme element for the variable pay programme 2019 is calculated by the average volume weighted share price on 30 April 2020, which was NOK 6.42. The shares will be bought by Kvaerner in 2020 and allocated to the executives three years later. Reference is made to the Board of Directors' statement of executive remuneration published on Kvaerner's website: www.kvaerner.com. Attached is an overview of shares reserved for the primary insiders eligible under the variable pay the programme 2019. ENDS For further information, please contact: Media inquiries: Torbjørn Andersen, Vice President, IR & Communications, Kvaerner, Tel: +47 928 85 542, email: torbjorn.andersen@kvaerner.com Investor Relations: Idar Eikrem, EVP & CFO, Kvaerner, +Mob: +47 950 28 363, email: ir@kvaerner.com About Kvaerner: Kvaerner is a project execution specialist and a trusted advisor for our clients. We provide engineering, procurement and construction (EPC) services and deliver advanced offshore and onshore installations around the world. We have offices in seven countries and approximately 2 800 employees. Health, Safety, Security and Environment (HSSE) has the highest priority in our work, and we aim to deliver technology and solutions in a safe and sustainable way. Our passion, experience and expertise realise values for clients and societies. Kværner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor and preferred partner for operators and contractors within oil and gas, renewable energy and in the field of engineering and fabrication. In 2019, Kvaerner's Field Development segment had consolidated annual revenues of NOK 9.4 billion and the company reported an order backlog at 31 March 2020 of NOK 7.2 billion. Kvaerner is publicly listed with the ticker "KVAER" at the Oslo Stock Exchange. For further information, please visit www.kvaerner.com (http://www.kvaerner.com). To subscribe or unsubscribe to our press releases, please see our web page: https://www.kvaerner.com/investors/news-and-stock-exchange -announcements/subscribe-to-releases/