Wallenius Wilhelmsen: Primary insiders have been allocated shares under the long-term incentive program
Today, Wallenius Wilhelmsen transferred 486,273 shares to current and former
executives under Wallenius Wilhelmsen's long-term incentive program ("LTI"). The
purpose of the LTI program is to drive the growth and performance of Wallenius
Wilhelmsen leading to long-term value creation and thus increased shareholder
value.
The value of the LTI program is directly linked to three elements:
1) Wallenius Wilhelmsen ROCE
2) Wallenius Wilhelmsen Market Capitalization
3) Wallenius Wilhelmsen's strategic success
WAWI's holding of own shares is 99,846 after the transfer.
The list below sets out the primary insiders that today have been allocated
Wallenius Wilhelmsen shares under the LTI plan:
- Chief Financial Officer (CFO) Torbjørn Wist, received 69,761 shares today, as
described in the attached notification.
- EVP & COO Logistics Services Michael Hynekamp, received 89,532 shares today,
as described in the attached notification.
- EVP & COO Shipping Services Xavier Leroi, received 38,560 shares today, as
described in the attached notification.
For further information, please contact:
Torbjørn Wist, Chief Financial Officer
Email: IR@walwil.com
Anette Maltun Koefoed,
Chief Communications and Marketing Officer
Tel: +47 975 87 999 ; Email: anette.maltunkoefoed@walwil.com
Pictures, please see the website:
https://www.walleniuswilhelmsen.com/who-we-are/media
About Wallenius Wilhelmsen:
The Wallenius Wilhelmsen group is a market leader in roll-on/roll-off (RoRo)
shipping and vehicle logistics, managing the distribution of cars, trucks,
rolling equipment and breakbulk to customers all over the world. The company
operates around 125 vessels servicing 15 trade routes to six continents, a
global inland distribution network, 66 processing centers and eight marine
terminals. Headquartered in Oslo, Norway, the Wallenius Wilhelmsen group has
8,875 employees in 29 countries worldwide.
Read more at walleniuswilhelmsen.com