Odfjell SE: Mandatory notification of trade
Pursuant to the terms of Odfjell SE's Long-term Incentive Program, the Executive Management may receive a cash amount, where the net amount less tax shall be used to purchase A-shares in the Company.
On March 31, 2025, the Board of Directors decided, in accordance with the terms of such incentive program, to pay out a cash amount to members of the Executive Management which in turn (after tax) has been used to acquire a total of 38,875 Class A-shares in the Company on March 31, 2024.
The purchase price paid for the shares is NOK 97.92, corresponding to the volume-weighted average share price on the Oslo Stock Exchange in the last 14 trading days of March 2025.
To facilitate the above-mentioned acquisition of shares, the Company has on March 31, 2025, sold 38,875 Class A-shares (treasury shares) to the eligible participants at a purchase price of NOK 97.92 per share. The acquired shares are restricted with a holding period of three years with certain customary exemptions.
The following primary insiders in the Company have acquired shares in connection with the above-mentioned incentive plan, and have, following this, the following number of shares in the Company:
| Name and title | Shares acquired | Total number of shares held in the company |
| Harald Fotland, CEO | 15,577 A-shares | 101,991 A-shares, 4,000 B- shares |
| Terje Iversen, CFO | 5,159 A-shares | 68,793 A- shares, 1,217 B- shares |
| Øistein Jensen, CSO | 3,923 A-shares | 62,576 A- shares |
| Bjørn Hammer, CCO | 5,460 A-shares | 37,030 A- shares |
| Adrian Lenning, MD Terminals | 4,697 A-shares | 20,818 A- shares |
| Torger Trige, CTO | 4,059 A-shares | 21,093 A- shares, 190 B- shares |