Kværner ASA: Mandatory notification of trade primary insiders

15 August 2019

Mandatory notification of trade primary insiders.

15 August 2019 – The following primary insider has purchased shares in Kværner ASA:

Karl-Petter Løken, President & CEO in Kværner AS has yesterday Wednesday 14 August 2019 purchased 40 000 shares in Kværner ASA at a price of NOK 10.82. Following the transaction, Karl-Petter Løken holds 45 570 shares in Kværner ASA.

ENDS

Investor Relations:
Idar Eikrem, EVP & CFO, Kvaerner, Mob: +47 950 28 363, email: ir@kvaerner.com
(mailto:ir@kvaerner.com)

Insider trading officer:
Henrik Indaomi, SVP Corporate Support & General Counsel, Kvaerner, Mob.
+47 450 34 104, email: henrik.inadomi@kvaerner.com
(mailto:henrik.inadomi@kvaerner.com)

About Kvaerner:
Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore installations around the world. Kværner ASA, through its subsidiaries and affiliates (“Kvaerner”), is an international contractor and preferred partner for oil and gas operators and other engineering and fabrication contractors. Kvaerner and its approximately 2 800 HSSE-focused and experienced employees are recognised for delivering some of the world’s most amazing and demanding projects.

In 2018, Kvaerner’s Field Development segment had consolidated annual revenues of NOK 7.3 billion and the company reported an order backlog at 30 June 2019 of NOK 9 billion. Kvaerner is publicly listed with the ticker “KVAER” at the Oslo Stock Exchange. For further information, please visit www.kvaerner.com (http://www.kvaerner.com).

To subscribe or unsubscribe to our press releases, please see our web page:
http://www.kvaerner.com/subscribe

Related Articles

Kvaerner contract for Hywind Tampen is a vital strategic break through

31 October 2019

Kvaerner today signs a contract with Equinor to deliver 11 floating concrete hulls for offshore wind power turbines and in addition execute marine operations services for the Hywind Tampen project.

Capital Market Update 12 December 2019

28 October 2019

Kvaerner will host a Capital Market Update 12 December 2019. The event will take place in Oslo. The address for the venue to be announced. For further information, please contact: Media inquiries: Torbjørn Andersen, Head of IR & Communications, Kvaerner, Mob: +47 928 85 542, email: torbjorn.andersen@kvaerner.com Investor inquiries: Idar Eikrem, EVP & CFO, Kvaerner, Mob: […]

Kværner ASA’s financial calendar 2020

28 October 2019

View Kvaerner’s financial calendar 2020. Fourth quarter reporting – Q4 2019 12 February 2020 Annual Report 2019 02 March 2020 Annual General Meeting 24 March 2020 First quarterly reporting – Q1 2020 05 May 2020 Half-year reporting – Q2 2020 09 July 2020 Third quarterly reporting Q3 2020 28 October 2020 For further information, please […]