AINMT AS - Mandatory notification of trade
Oslo, 8 March 2016 - Reference is made to the announcements from AINMT AS dated 21 November 2016 ("AINMT AS: Contemplated private placement") and 30 November ("AINMT completes private placement").
The announcement dated 21 November 2016 stated: "Subsequent to the completion of the private placement, certain board member(s) and top-management member(s) at AINMT Holdings AB have the intention to purchase shares in AINMT Holdings AB from Access Industries for a minimum of NOK 250 million in total. If the purchase is completed, these shares will be exchanged to AINMT AS shares at the same purchase price, and this transaction increases AINMT AS's shareholding in AINMT Holdings AB correspondingly."
On 8 March 2017, JD Fouchard, CEO of the AINMT group, purchased a total of 558,542 shares in AINMT Holdings AB from Access Industries at yesterday's closing share price, NOK108. Subsequent to the transaction, JD Fouchard will own 1,478,573 shares in AINMT AS.
Jörg Mohaupt, a director on the board of AINMT Holdings AB and responsible for the media, online and telecom business at Access Industries, also purchased a total 3,718,810 shares in AINMT Holdings AB from Access Industries at yesterday's closing share price, NOK108. Subsequent to the transaction, Jörg Mohaupt's aggregate holding, including shares held through his holding company SA Ferreira LLC, will be 9,711,603 shares in AINMT AS.
Following these transactions, AINMT AS holds a 39% ownership share in AINMT Holdings AB. Access Industries holds the remaining ownership share.
For further information, please contact:
Johan Michelsen, CFO, AINMT Holdings AB, +47 410 87 000
Endre Aaberg Johansen, Corporate Communications AS, tel: +47 41 61 06 05, email: email@example.com