Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Elkem ASA
  6. News
  7. Summary
    ELK   NO0010816093

ELKEM ASA

(ELK)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Elkem ASA - Sale of shares under share incentive programme

10/29/2021 | 02:25pm EST

Oslo, 29 October 2021

Reference is made to the stock exchange release on 28 October 2021, regarding exercise of share options under Elkem ASA's ("Elkem" or the "Company", OSE ticker code: "ELK") share incentive programme.

Pursuant to the sales process conducted by a third party these primary insiders have sold the following number of option shares at a price of NOK 33.565 per share:  

  • Morten Viga (CFO), sold 96,908 shares at a price of 33.565 per share, following which he holds 800,000 options and 46,896 shares in the Company,
  • Frédéric Jacquin (SVP Silicones), sold 50,000 shares at a price of 33.565 per share, following which he holds 850,000 options and 6,551 shares in the Company,
  • Inge Grubben-Strømnes (SVP Silicon Products), sold 100,000 shares at a price of 33.565 per share, following which he holds 900,000 options and 35,189 shares in the Company,
  • Luiz Simao (SVP Carbon Solutions), sold 30,000 shares at a price of 33.565 per share, following which he holds 650,000 options and 10,000 shares in the Company,
  • Håvard Moe (SVP Technology) sold 50,000 shares at a price of 33.565 per share, following which he holds 900,000 options and 60,000 shares in the Company.   

Further details of the primary insider transactions pursuant to the market abuse regulation article 19 are attached.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.no

About Elkem
Elkem is one of the world's leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 6,800 people has a joint commitment to stakeholders: Delivering your potential. In 2020, Elkem was rated among the world's top 5% on climate and achieved an operating income of NOK 24.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com

https://news.cision.com/elkem/r/elkem-asa---sale-of-shares-under-share-incentive-programme,c3443869

https://mb.cision.com/Public/16930/3443869/865aa582e936c9f6.pdf

https://mb.cision.com/Public/16930/3443869/af09ff155fea7757.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about ELKEM ASA
2021Elkem ASA - Grant of share options under share incentive scheme
AQ
2021Elkem ASA - Scope Ratings assigns investment grade rating to Elkem ASA
AQ
2021Vianode progress update - December 2021
AQ
2021ELKEM : TCFD Report 2021.pdf
PU
2021Exclusive-Investors scrutinise Elkem's plan to mine quartz on Sami reindeer pastures
RE
2021ELKEM : Creating value through innovation and sustainability - 24 November 2021.pdf
PU
2021ELKEM : Presentation BofA Materials and Infrastructure Conference 2021.pdf
PU
2021Elkem to Purchase Specialized Silicone Production Plant in France
MT
2021Elkem Silicones will present silicone solutions for additive manufacturing/3D printing ..
AQ
2021Morgan Stanley - Global Chemicals Agriculture and Packaging Conference - 11 November 20..
PU
More news
Financials
Sales 2021 33 700 M 3 753 M 3 753 M
Net income 2021 4 295 M 478 M 478 M
Net Debt 2021 5 026 M 560 M 560 M
P/E ratio 2021 4,61x
Yield 2021 9,15%
Capitalization 20 007 M 2 228 M 2 228 M
EV / Sales 2021 0,74x
EV / Sales 2022 0,69x
Nbr of Employees 6 856
Free-Float -
Chart ELKEM ASA
Duration : Period :
Elkem ASA Technical Analysis Chart | ELK | NO0010816093 | MarketScreener
Technical analysis trends ELKEM ASA
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 31,68 NOK
Average target price 40,75 NOK
Spread / Average Target 28,6%
EPS Revisions
Managers and Directors
Helge Aasen Chief Executive Officer
Morten Viga Financial Director-Silicon Materials Division
Zhi Gang Hao Chairman
Louis Vovelle Senior Vice President-Research & Development
Håvard Moe Senior Vice President-Technology
Sector and Competitors
1st jan.Capi. (M$)
ELKEM ASA6.24%2 235
WACKER CHEMIE AG-1.56%7 177
HEXPOL AB (PUBL)-14.43%3 817
NOLATO AB (PUBL)-15.06%2 636
TOKYO OHKA KOGYO CO., LTD.-7.94%2 043
NINGBO CHANGHONG POLYMER SCIENTIFIC AND TECHNICAL INC.-8.60%1 363