17. July 2017. Reference is made to Kitron ASA's stock
exchange notice dated 25 October 2016 about issuance of
shares under the company's share incentive program for
executive management. The shares are subject to trading
restrictions allowing a maximum of one eight of the shares
to vest and become tradable each quarter.
The following members of Kitron ASA's management group have
on 17. July 2017 sold the following number of shares
received according to the program:
Name Position Shares sold Remaining holdings of Shares
Tommy P. Storstein Sales director 50 000 210 029
Hans Petter Thomassen MD Norway 44 310 110 777
The shares were sold at an average price of NOK 8,1292.
Kitron is one of Scandinavia's leading electronics
manufacturing services companies for the Defence/Aerospace,
Energy/Telecoms, Industry, Medical devices and
Offshore/Marine sectors. The company is located in Norway,
Sweden, Lithuania, Germany, China and the United States.
Kitron had revenues of about NOK 2.1 billion in 2016 and has
about 1 350 employees. www.kitron.com