Wallenius Wilhelmsen ASA: Mandatory notification of trade - share purchase program for employees

Oslo, Norway, 17 September 2020

Wallenius Wilhelmsen ASA ("WALWIL") has offered Norwegian based employees the possibility to buy shares in WALWIL at a 20 per cent discount. Shares may be subscribed for NOK 10 000 or NOK 25 000.

The deadline for subscribing for shares was today, 17 September 2020 at 16:30. The share purchase price under the program (before discount) has been set at NOK 14.78 per share, equal to today's closing price. This means that each employee taking part in the offer will receive 676 or 1 691 shares, depending on amount subscribed for.

Please see the attachment for an overview of the primary insiders who have subscribed for shares in WALWIL as part of the employee share offer, including number of shares to be acquired and new shareholding after the share purchase.

For questions, please contact: Astrid Martinsen Head of Group Treasury & IR Tel +47 958 45 255 email: astrid.martinsen@walleniuswilhelmsen.com

Anna Larsson Head of Corporate Communication Tel: +47 484 06 919 email: anna.larsson@walleniuswilhelmsen.com

Source: NewsWeb