Hofseth Biocare ASA : MANDATORY NOTIFICATION OF TRADE AND CHANGES IN MANAGEMENT OF HBC
January 18 2016 - 3:59PM
Hofseth International AS, a
partly owned company by Chairman Roger Hofseth and primary insider
in Hofseth BioCare ASA has today, Monday 18 January 2016, entered
into an agreement to purchase 322,777 shares in HBC owned directly
or indirectly by Øystein Omvik, in connection with Øystein Omvik's
search for new challenges and resigning his position as Chief
Financial Officer as of 18 January 2016.
The shares is purchased at a
price of NOK 3.25, corresponding to a total compensation of NOK
1,049,025.25. After this transaction, Hofseth International AS owns
a total of 2,474,063 shares in HBC, which represents 2.24 % of the
total outstanding shares. Øystein Omvik will after the transaction
hold no shares directly or indirectly in HBC.
For more information, please
contact:
Jon Olav Ødegård, CEO Hofseth BioCare ASA
Mobile: +47 936 32 966
Email: joo@hofsethbiocare.no
About Hofseth
BioCare:
Hofseth BioCare is a Norwegian biotech company that offers
high-value ingredients and finished products for humans and pets.
The company is founded on the core values of sustainability,
traceability and optimal utilization of natural resources. Through
an innovative hydrolysis technology, Hofseth BioCare is able to
preserve the quality of salmon oil, proteins and calcium, prepared
of fresh salmon off-cuts. Hofseth BioCare`s objective is to
contribute to the efficient use of marine resources and deliver
quality products for ingredients and finished consumer products in
the nutrition market.
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: Hofseth Biocare ASA via Globenewswire
HUG#1979786