Kurs & Likviditet
Beskrivning
Land | Norge |
---|---|
Lista | 39974 |
Sektor | Finans |
Industri | Bank |
2021-10-29 07:30:00
In order to facilitate employee ownership in the bank the board of Sparebanken
Sør has decided to continue the savings program for full-time employees in the
bank.
Full-time employees in the bank are invited to buy equity certificates in the
bank for NOK 37,500 or NOK 65,000, with a 20% discount to the market price. The
purchase is financed by deducting an equal amount from the salary over the next
12 months. Parts of the discount is given subject to a 24-month lock up period.
The savings program is implemented as a resale where the bank will sell from its
own holdings of equity certificates. If the bank's employees order a higher
number of equity certificates in the savings program than the bank's own
holdings, the bank will carry out a buyback of equity certificates in connection
with the savings program.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
For further information, please contact:
Marianne Lofthus, Director Capital markets, tel: 38 17 05 68
Steinar Vigsnes, Head of Finance, tel: (+47) 906 13 135