American Shipping Company ASA : Primary insider disclosure
January 27 2016 - 1:05PM
27 January 2016 - Pål Magnussen, the CEO of
American Shipping Company ASA ("AMSC" or the "Company"), has today
acquired 30,000 shares in AMSC from the Company. The price per
share was NOK 19.44, a total consideration of NOK 583,200, which
constitutes today's closing price, less a price reduction of 20% to
compensate for the lock-up restrictions on the shares for a period
of three years.
The acquisition was carried out as part of the
incentive scheme for the Company's employees, as announced in a
stock exchange notice of January 18, 2016.
Following the transaction, the Company holds 0
treasury shares and Pål Magnussen holds a total of 50,000 shares in
AMSC, constituting approximately 0.08% of the Company's shares and
votes.
***
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: American Shipping Company ASA via
Globenewswire
HUG#1981746
American Superconductor (NASDAQ:AMSC)
Historical Stock Chart
From Mar 2024 to Apr 2024
American Superconductor (NASDAQ:AMSC)
Historical Stock Chart
From Apr 2023 to Apr 2024