Primary insider Atle Harald Sandtorv, CFO in Grieg Seafood ASA, has redeemed 100,000 synthetic share options in Grieg Seafood ASA at a redemption rate of NOK 24.61. The settlement is paid in cash. The synthetic share option program beneficiary is obliged to re-invest 50% of his proceeds from the program in Grieg Seafood ASA shares. This obligation is enforced until the beneficiary owns 100% of his gross annual salary. At the redemption date Atle Harald Sandtorv has fulfilled his purchase obligations. Atle Harald Sandtorv has after this 200,000 synthetic share options available in Grieg Seafood ASA.

Atle Harald Sandtorv is part of Grieg Seafood ASA's synthetic share option program, and in this connection he has an obligation to hold shares in Grieg Seafood ASA.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Grieg Seafood ASA issued this content on 02 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 March 2016 08:16:17 UTC

Original Document: http://cws.huginonline.com/G/138681/PR/201603/1990739_5.html