TMCnet News

Selvaag Bolig ASA: Mandatory notification of sale and resignation from the board of directors
[September 23, 2014]

Selvaag Bolig ASA: Mandatory notification of sale and resignation from the board of directors


(Oslo Bors Newsfeed Via Acquire Media NewsEdge) IKM Eiendom AS, which is represented on Selvaag Bolig ASA's (the "Company") board of directors by Ole Jarl Rettedal, sold 22 September 2014 all of its 3,575,624 shares in the Company through bilateral trades after Oslo Børs' trading hours at NOK 20.75 per share. Following the transaction, IKM Eiendom AS does not hold any shares or rights to shares in the Company.



In connection with the transaction, Ole Jarl Rettedal has informed the Company that he resigns as a member of the Company's board of directors with immediate effect.

Further information from Baard Schumann, CEO, Selvaag Bolig ASA Tel: +47 940 80 000, e-mail: [email protected] Selvaag Bolig ASA is a residential property developer, which controls the whole value chain from the acquisition of land to the sale of turnkey homes. With several thousand homes under development at any given time, the company concentrates on the growth areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig continues the 60-year history and experience of the Selvaag group, and offers a broad range of home types under the Start, Hjem and Pluss brands. Its head office is at Løren in Oslo.


www.selvaagbolig.no/investor/en This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

[HUG#1857579] Click here for more information: http://www.newsweb.no/index.jsp?messageId=361375

[ Back To TMCnet.com's Homepage ]