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NYHR
Nyherji - Stock option contracts for primary insiders   28.6.2006 09:20:30
Flokkur: Viðskipti innherja      Íslenska  English
Reykjavik, Iceland, 4 July 2006 - Actavis Group (ICEX: ACT), the international generic pharmaceuticals company, announces that, in accordance with Article 5, Paragraph 2 of the Law on Takeover of Joint Stock Companies (Official Gazette No

Nyherji hf. has today entered into stock option contracts with several of the company’s primary insiders. The contracts entitle each party to purchase 1,000,000 shares in Nyherji at the price of 14.0 times nominal. The contracts shall remain in effect for 52 months.

 

Primary insider

Relation to the company

Number of shares in option

Insiders shareholding before the option

Shareholding of financially related parties

Insider’s option holdings after contract

 

 

 

 

 

 

Erling Ásgeirsson

Director of End User Products

1.000.000

0

0

1.000.000

 

 

 

0

0

1.000.000

Fridrik Th. Snorrason

Director of Business Development

1.000.000

 

 

 

0

0

1.000.000

Sturla J. Hreinsson

Human Resources Manager

1.000.000

 

 

 

100.000

0

1.000.000

Thorvaldur Jacobsen

Director of System Integration

1.000.000

 

 

 

0

0

1.000.000

Thorsteinn Thorsteinsson        

Director of ParX

1.000.000

 

 

 

1.115.000

0

1.000.000

Thór Konrádsson

Finance Manager

1.000.000

 

 

 

 

 

 

 


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