DEEP SEA SUPPLY PLC 
By
In accordance with a 5 year Share Option Plan in Deep Sea Supply Plc ("DESSC"), Mr. Anders Hall Jomaas (CFO), Mr. Espen Sørensen (Technical Director) and Constantinos Tzagotzides (Accounting Director) have chosen to declare their share options on 21 January 2013 against a cash compensation and to utilize such cash compensation to acquire shares in DESSC.
The compensation is a function of the strike price agreed for the options, NOK 6.99 per share, and today's average share price of 10,73. All net proceeds after tax are used to acquire DESSC shares in the market.
Mr. Jomaas has cancelled 38,333 options against a compensation of NOK 143,507. Mr. Jomaas acquired today 6,910 shares at a price of NOK 10,80 per share. Following this, Mr. Jomaas owns 17,705 shares in DESSC and holds currently a further 95,000 share options to subscribe for shares.
Mr. Sørensen has cancelled 40,666 options against a compensation of NOK 152,241 and acquired today 7,330 shares at a price of NOK 10.80 per share. Following this, Mr Sørensen owns12,778 shares in DESSC and holds currently a further 59,334 share options to subscribe for shares.
Mr. Tzagotzides has cancelled 33,333 options against a compensation of NOK 124,788 and acquired today 7,510 shares at a price of NOK 10.80 per share. Following this, Mr Tzagotzides owns 10,789 shares in DESSC and holds currently a further 41,667 share options to subscribe for shares.
Limassol, 21 January 2013 Deep Sea Supply Plc
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
[HUG#1671841]
The compensation is a function of the strike price agreed for the options, NOK 6.99 per share, and today's average share price of 10,73. All net proceeds after tax are used to acquire DESSC shares in the market.
Mr. Jomaas has cancelled 38,333 options against a compensation of NOK 143,507. Mr. Jomaas acquired today 6,910 shares at a price of NOK 10,80 per share. Following this, Mr. Jomaas owns 17,705 shares in DESSC and holds currently a further 95,000 share options to subscribe for shares.
Mr. Sørensen has cancelled 40,666 options against a compensation of NOK 152,241 and acquired today 7,330 shares at a price of NOK 10.80 per share. Following this, Mr Sørensen owns12,778 shares in DESSC and holds currently a further 59,334 share options to subscribe for shares.
Mr. Tzagotzides has cancelled 33,333 options against a compensation of NOK 124,788 and acquired today 7,510 shares at a price of NOK 10.80 per share. Following this, Mr Tzagotzides owns 10,789 shares in DESSC and holds currently a further 41,667 share options to subscribe for shares.
Limassol, 21 January 2013 Deep Sea Supply Plc
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
[HUG#1671841]
|
distributed by
|
