Primary insiders purchase shares under Long Term Incentive Program

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Primary insiders purchase shares under Long Term Incentive Program

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The LTI payment requires that Hydro has had a positive underlying EBIT in the previous year. The participants will be required to invest the net amount after tax in Hydro shares and such shares must be held for at least three years.

The following primary insiders have on April 2, 2013, acquired Hydro shares under the above mentioned program at NOK 27.19 per share.

Name	Acquired shares	New holding
President and CEO Svein Richard Brandtzæg	32 284	123 251
Executive Vice President Wenche Agerup	11 840	42 020
Executive Vice President Hans-Joachim Kock	16 520	43 475
Executive Vice President Oliver Bell	20 173	50 631
Executive Vice President Arvid Moss	12 106	98 582
Executive Vice President Hilde Merete Aasheim	14 065	36 698
Executive Vice President Johnny Undeli	13 654	38 238

A total of 135,652 shares have been sold by Hydro to the participants in the Long Term Incentive program.

Hydro holds 31,294,462 own shares after this transaction and the number of outstanding shares are 2,037,703,814.

Published: April 02, 2013

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