Selvaag Bolig ASA: Notifiable trades for primary insiders

The following primary insiders acquired a total of 6 165 Selvaag Bolig shares on 17 February.

The trades were in accord with the company's purchase programme. 

The shares had a purchace price of NOK 34.76. The employees were given a compensation on the purchase price of 30 for the decrease in share value resulting from the lock-up period of 3 years.

The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 515 154 treasury shares.

Number of shares:

  Original holding Share purchase programme Share saving programme Sold  New holding
Sverre Molvik, CFO154 1402 055--156 195
Halvard Kverne, vice president portfolio management154 1402 055--156 195
Øystein Klungland, vice president portfolio management150 0302 055--152 085

Further information from 
Sverre Molvik, CFO, Selvaag Bolig ASA
Telephone: +47 401 00 585, e-mail:

Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig represents a continuation of Selvaag's 60-year history and experience, and offers a broad variety of property types marketed under the brand names Start, Hjem and Pluss. The company is headquartered at Ullern in Oslo.

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: Selvaag Bolig ASA via GlobeNewswire